NCDC secures £99,000 grant from Scottish Land Fund to purchase old Urafirth School site for affordable housing development.
Amount Raised
£99,000
Round Type
Grant
Investors
Description
Northmavine Community Development Company (NCDC) has secured £99,000 in funding from the Scottish Land Fund to acquire the old Urafirth School site for a potential housing development. The grant represents a significant milestone for the community-led project, which aims to create affordable homes that meet local needs and support the sustainability of the Northmavine area. Early plans propose a seven-home scheme, with estimated development costs between £1.5 million and £2 million. NCDC emphasized that community ownership offers the potential to attract and retain families while addressing housing challenges in rural and island communities.
Quick answer
Northmavine Community Development Company (NCDC) raised £99,000 in a Grant round, dated November 13, 2026. Investors: Scottish Land Fund. Northmavine Community Development Company (NCDC) is based in Scotland, United Kingdom.
- How much did Northmavine Community Development Company (NCDC) raise?
- Northmavine Community Development Company (NCDC) raised £99,000 in a Grant round on November 13, 2026.
- Who invested in Northmavine Community Development Company (NCDC)?
- Scottish Land Fund is named as investors in this round.
- What does Northmavine Community Development Company (NCDC) do?
- NORTHMAVINE Community Development Company (NCDC) is a community-led organization focused on sustainable development in the Northmavine area of Shetland.
- Where is Northmavine Community Development Company (NCDC) based and how big is it?
- Northmavine Community Development Company (NCDC) is based in Scotland, United Kingdom.
Source: Fundz verified event record.
Who else raised in Real Estate and Non Profit around the same time
Companies in the same sectors as Northmavine Community Development Company (NCDC) that raised within 45 days of this round, from Fundz verified event records.
- The Villages raised $180M (Debt Financing) on October 7, 2026.
- Palomma raised $10M (Series A) on November 12, 2026.
- SevenCitiesLdn raised $217M (Debt Financing) on November 10, 2026.
- Index Industries raised $50M (Seed) on November 10, 2026.
- Ejari raised $50M (Debt Financing) on November 9, 2026.
- Modon Holding raised $3.7B (Debt Financing) on November 8, 2026.
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