£200m sustainable finance deal to tackle the affordable housing crisis
Regional housing association Bromford has agreed to a new sustainable finance deal with NatWest, to continue its focus on developing affordable and energy-efficient homes.
The £200m loan will be used to build 1,300 affordable homes across the West Midlands and the West of England to add to its portfolio of 50,000 homes. It’s fueling ambitions to have built 11,000 homes by 2032 with 65% at social and affordable rent tenures.
Bromford could receive £1m of interest savings if it meets the targets on delivering new social rented... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
