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.
The charity bond offer for The Alnwick Garden Trust has closed a week early after raising £10 million during the most volatile period in the markets since the financial crisis.
The largest loan to date of £20 million will be allocated to Dumfries & Galloway Housing Partnership, part of Wheatley Group, to build 177 new affordable homes .
One of the UK’s largest and most successful regional property companies, Bruntwood, has raised £90.87million through the issue of its second retail eligible bond.
Allia C&C – one year on In March 2019, Allia completed its acquisition of a majority stake in London-based fixed income broker City & Continental (C&C) – expanding its Impact Finance arm of the business through enhanced services and financial solutions. It later rebranded Allia Impact Finance as Allia C&C, helping to unite the two sides of the business.
The loan of £2 million will support North View Housing Association’s plan to build 25 new affordable homes on the site of the former Windlaw Lodge nursing home on Ardencraig Road in Castlemilk, Glasgow.
Blackwood Homes and Care have been issued a loan of £12 million through Allia C&C’s Scottish charitable bonds scheme to enable a build programme of 160 highly accessible homes across Scotland.
The loan of £13 million will support Angus Housing Association’s plan to build around 300 new affordable homes over the next three years, with almost equal numbers in the Angus and Dundee areas.