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Sign in Sign up for a FREE subscriptionARA Unit awarded €3.3b U.K. affordable housing guarantee scheme
ARA Venn, a subsidiary of ARA Asset Management, has been appointed the exclusive manager of a new £3 billion (€3.3 billion/$3.89 billion) Affordable Housing Guarantee Scheme by the UK Ministry of Housing, Communities and Local Government.
The new Affordable Homes Guarantee Scheme will help to finance affordable homes across England, including for social rent, affordable rent and shared ownership.
The funding will provide low-cost, flexible loans that will support Registered Providers to deliver their development plans and deliver new affordable homes. The scheme will be complementary to the new Affordable Homes Programme.
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