Gresham House Residential Secure Income has agreed a £30m sustainability-linked credit facility with MUFG to support its shared ownership housing.
The facility includes KPIs linked to the reduction of carbon emissions and delivery of energy efficient homes.
The deal is Gresham House’s first sustainability-linked credit facility and is set to support the delivery of 1,400 affordable, shared-ownership homes. The strategy has committed £300m to its portfolio since its launch in 2021, with an active pipeline for a further 10,000 homes.
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