Salix Homes strikes funding deal with NatWest for sustainable Greenhaus development
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Salix Homes: Further reading
A major high street lender is backing a highly sustainable, affordable housing development in Salford, which will be one of the first and largest Passivhaus-certified apartment schemes ever delivered in the UK to date.
Salix Homes has struck a deal with banking partner NatWest for an undisclosed sum, to help finance the Greenhaus development on Chapel Street.
The Greenhaus development will be the sixth phase of homes on Chapel Street which will bring forward 96 affordable and highly energy-efficient homes to the city.
The flagship apartment block will be constructed to Passivhaus standards, facilitating low-energy construction to build thermally efficient, 'green' homes with minimal energy required to provide heating and hot water.
Greenhaus will be delivered by ECF - a strategic joint venture between leading urban regenerator, Muse Developments, Legal & General and Homes England - as part of the wider, £1bn 50-acre Salford Central masterplan.
Salix Homes is the housing association partner for Greenhaus, which will comprise of one and two-bedroom apartments and will take the overall percentage of affordable homes delivered by ECF to 25% across the entire masterplan area.
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