Featured
- Help with the rising cost of livingLearn more about support announced by us, the Government and othersView available support
- Subscribe to our garden waste collection serviceThere is a charge for garden waste collections from 6 May 2024Find out more
- Find support servicesFind local organisations offering support, advice and activities to Hackney and City residentsFind out more
Get involved
Council news
New £1m Hackney Affordable Workspace Fund announced
31st May 2024
Local workspaces and businesses will be able to bid for a share of a £1 million grant fund to improve and expand affordable workspace in Hackney as part of a new Council fund to support the borough’s community of entrepreneurs, freelancers and small businesses.The Hackney Affordable Workspace Fund will make capital grants of between £5,000 and £200,000 available to affordable workspaces, and businesses based within them, for projects that improve existing affordable workspaces and create new affordable workspace in the borough. The fund will particularly encourage investment that support the aims of the Hackney Responsible Business Charter, a new initiative encouraging businesses to help create a greener, fairer and more inclusive local economy.This could include creating business spaces that support the borough’s journey to net zero; provide jobs, training or internships to local people; or offer access for local residents and community organisations.The Hackney Affordable Workspace Fund, which is paid for by business rates and levies on new developments in the borough, is the latest Council initiative to support affordable workspace in the borough, including securing 4,800sqm of affordable workspace in new developments since 2019, and facilitating new affordable business space in Hackney Wick, Shoreditch and Dalston.Applications will open on Monday 3 June on the Hackney Business Network website. Join the online briefing on Wednesday 12 June to learn more about the application process, including eligibility criteria and required supporting documents.The deadline to apply for the fund is Friday 5 July by 5pm.
Residents and businesses invited to invest in local solar projects
31st May 2024
Residents and businesses in Hackney are being invited to invest in local solar projects on schools and council homes while getting a low-risk, fixed interest return. Hackney’s green investment, which launched this week, will aim to raise £5 million over the next four years to help fund local projects that will help create a greener, healthier borough. People can invest from £5, with the investment offering a fixed rate of return of 4.5% interest a year over a five-year term. The Council aims to raise £500,000 in the first six months, which will fund solar panels on council homes and at a number of local schools.The investment process is being managed by Abundance Investment, a leading platform facilitating ethical and sustainable investments, on behalf of Hackney Council. It uses the same approach as a recent programme by neighbouring Islington Council. Returns on investments will be paid every six months into investors' Abundance accounts, offering flexibility to withdraw or reinvest funds as desired.To invest in Hackney’s green investment programme, residents and businesses should visit: https://www.abundanceinvestment.com/council/hackney Notes to Editors:Capital at risk. Investments are long term and may not be readily realisable. This content has been approved as a financial promotion by Abundance who are authorised and regulated by the Financial Conduct Authority (525432). Approval date: 29/05/24Holding investments in an IFISA does not reduce the risk of the investment or protect you from losses. You can still lose all your money. It only means that any potential gains from your investment will be tax free. The tax treatment of your investment will depend on your individual circumstances and may change in the future.Hackney Green Investment, which is a loan, is Green Loan Principles compliant and is being issued under a Green Finance Framework. This is a voluntary standard which sets out how Hackney Council intends to manage its green local authority securities in the future, and outlines how they will meet the Green Loan Principles. This assures investors that funds raised can only be used to help them deliver on eligible green projects from within this framework, and Abundance will monitor the use of funds across the investment term to ensure the principles are being adhered to.