Coal Point Progress Association
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Progress Posterity Pledge

What we are asking for and why?

Click the RED PLEDGE then Select 1 TICKET and make a pledge. You will enter your name and email twice (sorry).

The Bush Blocks Collaborative Housing project is the CPPA’s next big thing. It will take time to work through the process, it’s new, we are seeking support to pivot, reclaim our community and demonstrate a development style that is caring, affordable, liveable and sustainable.

The Bush Blocks Collaborative Housing project is an exciting opportunity to create the community we want, providing options to value-add on bushland blocks with creative, smart and sustainable housing that connects and unites the residents with the surrounding community while protecting and enhancing biodiversity for future generations.

We are taking pledges to build a Progress Posterity Fund to purchase bush blocks so we can undertake a collaborative housing project that provides a demonstration of the process and a model that others can explore.

The CPPA is seeking pledges from our community (and beyond) for an investment for around 2 years to enable us to lodge an expression of interest (EOI) to enter into negotiations to purchase a suitable site when one becomes available.

A legal framework will be established to ensure everyone’s investment is secure. We expect each investor will become a shareholder or equivalent in some kind of holding structure which will purchase the land.

If the development we envisage goes ahead the income from sale of new properties will provide funds to repay investors. If it does not go ahead within 2 years, the intent would be to sell the land and distribute the proceeds back to investors. It is expected that in either case the return to investors would be similar to the original investment - any profit or loss would be expected to be small - but there is no guarantee.

The CPPA is a registered charity and our constitution recognises that acquiring land may be an appropriate way to pursue our objectives.

The pledge is the CPPA’s way of gauging the community’s support for the Bush Blocks project. It is non-binding and will assist us make an informed decision about our capacity to purchase and progress a collaborative housing project.

Will you pledge your support?

What we need from you

The Chronicle distribution is 2370 households, if every household pledged $422 we could meet our goal of $1million.

2370 pledges x $422 = $1,000,000

It's also

2000 pledges @ $500

1000 pledges @ $1,000

360 pledges @ $5,000

180 pledges @ $10,000

90 pledges @ $20,000

Please pledge what you can to purchase 20 Laycock St.

Event Details

Organised by:
Coal Point Progress Association
Starting at:
31 Mar 2021 at 9:40pm AEDT
Ending at:
30 Jun 2021 at 6:00pm AEST
Location:
197 Skye Point Road, Coal Point, NSW, 2283, Australia

Campaign Updates

There are currently no campaign updates

Event Details

Organised by:
Coal Point Progress Association
Starting at:
31 Mar 2021 at 9:40pm AEDT
Ending at:
30 Jun 2021 at 6:00pm AEST
Location:
197 Skye Point Road, Coal Point, NSW, 2283, Australia

Tickets

Sales starting at:
17 Feb 2021 at 9:00pm AEDT
Sales ending at:
31 Mar 2021 at 9:40pm AEDT
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