Mary Ann Johnson is a small - but very active! – housing cooperative.
We are now in the process of expanding the co-op and looking to buy another property to house our newest members – a woman and her son, who are about to become homeless again this summer (for the third time in two years!).
We are again reaching out to our friends and supporters to ask for donations or loans towards buying that property.
Why should I support MAJ?
Before going into the financial details, it’s important to stress that any contribution will go far beyond housing just this one family – the flat we buy will remain forever in common ownership and, in the long term, will be used as an asset that will allow the co-op to grow and house more people.
This might not solve the housing crisis, but it will remove one more property out of the hands of greedy landlords and give it back to the community. We honestly can’t think of a better way to use our collective resources!
The ask
We need to raise around £200K in the coming months and we are asking our friends, comrades and supporters to contribute in one of the following ways:
- A donation – we would love it if you could give us a big one off donation.
We appreciate this is a big ask, but if you happen to have a few thousands burning a hole in your pocket (or conscience) and want to put them to a good cause, then we would be happy to speak to you 🙂
In the past people donated anything between £100 – £20,000, so we know there is money in our community and every donation makes a difference.
- Loanstocks – these are loans that are given to housing co-ops for a set period of time (minimum five years, but, ideally, longer) and are repaid in full (as a single sum) at the end of that period.
It would be brilliant if you can lend us the money with no interest, but, if you need a return on your investment, please speak to us, as we can offer a small interest each year (better than your savings account!).
Loanstocks are legally arranged, but rest assured – MAJ has never defaulted on any of its loans and your money will be in safe hands!
(or download a printable version of the form here)
You can make a direct bank transfer (of loanstocks or donations) to:
Mary Ann Johnson Housing Co-op
Account number: 65007763
Sort code: 089299
For loanstocks, please make sure you also fill in the form above (online or send us a printed version) to let us know your loan terms.
We would love to chat to you about this, explain it all in more detail (including sharing our financial documents) and discuss how best you can help us make this dream a reality.
Don’t have money but know some rich folks who might be up for helping a small rad co-op? Feel free to share this page or direct them to us.
With gratitude, love and solidarity,
MAJ Housing Co-op members