City to get 200 homes after new £25m deal
The Herald|August 17, 2024
PART OF A PLAN TO CREATE 1,500 HOMES OVER 5 YEARS
WILLIAM TELFORD
City to get 200 homes after new £25m deal

PLYMOUTH Community Homes has borrowed £25m to build 200 properties in the city. The social landlord will construct the dwellings over the next five years as part of an overall aim to create 1,500 homes.

It has been lent the cash by investment company Venn Partners, which is part of Hong Kong-based ESR Group. The loans fall under the £6bn Affordable Homes Guarantee Scheme (AHGS), which provides cost-effective loans to support the social housing sector's investment in new and existing homes.

The AHGS is a government-backed lending scheme to support the delivery of new affordable homes, recently increasing in size from £3bn to £6bn.

هذه القصة مأخوذة من طبعة August 17, 2024 من The Herald.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 17, 2024 من The Herald.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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