Home Scotland has received a £15m loan, arranged by Allia C&C through the Charitable Bond programme funded by the Scottish Government.
The Scottish Government has agreed investment worth £105 million to boost the number of affordable homes in Scotland. The Charitable Bond programme provides loans to social landlords, with the interest then reinvested as grants into the social rented sector, further increasing housing supply.
Social landlords will be able to access loans to build more affordable housing in Scotland as a multimillion pound investment programme reopens to applications.
Allia C&C, the financial services arm of Cambridge-based charity Allia, is pleased to announce the opening of an office in Glasgow to serve its clients in Scotland and the North of England. It has appointed Peter Freer to head the office where he will be
New Gorbals Housing Association has received a loan of £3.5 million arranged by Allia C&C under its charitable bond programme with Scottish Government. The loan will allow New Gorbals Housing Association to develop 55 units for social rent as part of the mixed tenure regeneration
Ayrshire Housing has received a loan of £8 million through a charitable bond arranged by Allia C&C. It is the third and the largest loan that the association has received under Allia C&C’s programme with Scottish Government.
Lochalsh & Skye receives £4m charitable bond funding Lochalsh & Skye Housing Association has received a loan of £4 million through a charitable bond arranged by Allia C&C. It is the second loan that the association has received under Allia C&C’s programme with Scottish Government,
Berwickshire Housing Association is pleased to announce its new partnership with Allia C&C to support the financing of their ongoing development programmes across Berwickshire for affordable housing and its vision to create thriving rural communities.
Kingdom Housing Association has received a donation of almost £4.9 million from the Scottish Government through the Scottish Charitable Bond programme managed by Allia C&C for the development of 60 homes for social rent at Primrose Street, Alloa.
The Scottish Government has confirmed it will invest a further £40 million in Allia C&C’s Scottish charitable bond programme for 2020/21, to help continue to deliver its social housing targets.