Genesis Homes announces £4m of government funding for St Bridget s housing development in Brigham.
MD Nicky Gordon
Pic Tom Kay Friday 5th October 2018 A Cumbrian housing developer has secured £1m in funding to help it to continue building homes in the county, despite the disruption caused by Covid-19. Genesis Homes, based in Penrith, has secured £1m of Coronavirus Business Interruption Loan Scheme funding through Santander UK to continue its roll-out of housing development sites in the coming year. The firm has continued to operate throughout the pandemic, despite ongoing issues with local lockdown restrictions that have reduced the number of available skilled workers and led to shortages in raw materials.
A Penrith-based housing developer has been given £1 million-worth of Coronavirus Business Interruption Loan Scheme funding. The loan, via Santander UK, will enable it to continue its roll out of housing development sites in the coming year. Since launching in 2017, Genesis Homes has built and sold 158 homes over.