Homes England has launched the National Housing Bank (NHB), a government-backed finance institution aimed at accelerating housing delivery and urban regeneration in England. The NHB will deploy up to £16 billion in debt, equity, and guarantees to support house builders, developers, investors, and registered providers. As a subsidiary of Homes England, the NHB plans to facilitate over 500,000 homes and unlock £53 billion in private investment over the next decade. The launch coincided with a £100 million partnership with Aviva to develop up to 3,300 rental homes in underinvested urban areas, starting with 300 units in Liverpool and Manchester. The NHB's investment prospectus consolidates Homes England's capital products, land, powers, and expertise to streamline collaboration with local leaders and partners on housing and mixed-use schemes.
Source: source. Read the original story →
