now:Pensions Launches First Affordable Housing Investment to Boost Supply
4 Articles
4 Articles
New National Housing Bank
The new National Housing Bank, announced last month, will be a subsidiary of Homes England. It will manage £16 billion of investment made up of loans, equity and guarantees, looking to support the development of 500,000 new homes. It hopes to accelerate housebuilding and leverage in £53 billion of additional private investment. The approach will mean Homes England is able to issue government guarantees directly and have greater autonomy and flex…
now:pensions launches first affordable housing investment to boost supply
now:pensions has made its first move into private markets by putting money into affordable housing in the UK. This investment is focused on increasing the supply of affordable homes, targeting areas where demand is highest. now:pensions will back three types of affordable housing projects: regulated rentals for those on social housing lists and receiving housing benefit, local affordable rentals for people priced out of the market, and shared …
Now:pensions invests in UK housing
UK workplace pension provider now:pensions has announced its first private markets investment with an allocation to UK affordable housing. This marks a step forward in the pension provider’s commitment under the Mansion House Accord to invest at least 10% of its default fund in private market assets by 2030, including a minimum of 5% in
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