By Joey Gardiner2021-04-12T12:27:00+01:00
World’s largest listed fund manager the latest institution to raise cash to fund new build housing
The world’s largest listed fund manager Man Group has raised the first part of a targeted £400m to invest in building 3,500 new homes, in a deal supported by housing quango Homes England.
The firm, working through its Global Private Markets business, set up its Community Housing Fund last year. It said it has now closed its first fund raise, securing cash from a raft of investors including £20m from Homes England.
Man Group has already agreed to fund a project by Ilke Homes
Saturday, 10 Apr 2021 09:33 PM MYT
An LGBT retirement home will shortly open in London. ETX Studio/Shutterstock.com
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LONDON, April 10 In a first for the United Kingdom, a dedicated retirement home for members of the LGBT community is set to open in 2021, thanks to support from the city of London. The building for the new facility, which boasts a restaurant, bar and rooftop terrace, was designed by architect Norman Foster.
Breaking new ground in the UK, Mayor of London Sadiq Khan has confirmed that the Greater London Authority’s Community Housing Fund will provide a loan of 5.7 million pounds sterling for the creation of a new retirement home that will be the first of its kind. Located in the Vauxhall neighbourhood on the south bank of the Thames, the new facility will specifically cater to members of the LGBT community.
In a Time of COVID: Building Thriving Communities
What does a thriving community mean to you? At BC Housing, it means a home for everyone, breaking down barriers to people fully participating in society, and working together on a shared commitment to equity, diversity, inclusion, belonging and reconciliation.
It became clear early on in the pandemic that people living outdoors or in a shelter were at higher risk – they could not safely distance. Finding spaces to self-isolate was one of the first steps taken by BC Housing as part of their COVID response.
In the northern region of BC, there are now 19 sites offering 161 spaces for people to safely distance. “At these 19 sites, we’re also coordinating daily meals for people. The pandemic has caused food security challenges,” explains BC Housing Operations Director Malachy Tohill. “In addition, as Northern Health recommends regular deep cleaning, we now have enhanced cleaning in BC Housing-managed buildings, and we partner
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Government’s Community Housing Fund helps meet local housing need
With support from the fund, Haddenham Community Land Trust is building 19 affordable homes to meet the needs of people in Cambridgeshire
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17 March 2021 Mark Hugo and Rachel Watts of the Haddenham Community Land Trust and Paul Elliot, Site Manager for Palace Green Homes handed over the keys to Max and Chloe, the first residents at Ovins Rise.
Situated to the north east of Cambridge, Ely and its surrounding villages are areas of high housing demand. This has made it difficult for some local people to find good sized affordable housing.