SNG secures £250m funding partnership with The Housing Finance Corporation
We’ve secured a £250m funding agreement with The Housing Finance Corporation (THFC) strengthening our capacity to invest in affordable homes, existing communities and future growth.
The new strategic partnership supports our long-term ambition to deliver more safe, sustainable and affordable homes across London and the South of England, while continuing to invest in our existing homes and the neighbourhoods where we operate.
Anup Dholakia, SNG’s Director of Treasury, commented: “This £250m partnership with The Housing Finance Corporation is an important step in supporting our long-term ambitions. It strengthens our ability to invest in both new and existing homes, while continuing to provide safe, affordable and energy-efficient homes for our customers.
As a purpose-led organisation, we are focused on creating thriving communities and delivering lasting social impact. Working with funding partners who understand the housing sector and share our values is critical to achieving this.”
Priya Nair, Chief Executive of The Housing Finance Corporation, said: “Providing long-term, flexible funding is increasingly important as housing associations continue to invest in homes, communities and existing housing stock.
SNG’s scale, ambition and strong social purpose make it a natural partner for THFC, and this agreement reflects our shared commitment to supporting high-quality affordable housing and community impact.”