Section: Housing Provision

£60m from Lloyds to fund Hightown's development pipeline

Posted 02.01.19
Hightown Housing Association: Article link

Hightown Housing Association has secured a £60 million loan from Lloyds Bank Commercial Banking, which will help to fund its development pipeline of over 2,000 new affordable homes in the next five years.

Hightown Housing Association - which owns 6,300 affordable homes across Hertfordshire, Bedfordshire and Buckinghamshire - plans to expand its affordable housing stock by around a third by 2023.

The new funding will allow the association to build 400-500 homes a year over the next five years.

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Updated 03.01.19

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    Reporting on January 2019

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