Retrofit Funding Scheme
The Housing Finance Corporation (THFC) is in partnership with The National Wealth Fund (NWF) to provide guaranteed long-term, unsecured loans to UK registered providers of social housing for the purpose of retrofitting their social housing stock. NWF has guaranteed an initial £150m, which is available for lending, with hopes to grow the scheme to £250m over the next 6 months. This partnership represents the first occasion that NWF has provided guarantees for this purpose to bond market investors. Retrofit loans provided by THFC can be used by social housing providers across the country for the installation of low carbon heating, insulation, low carbon lighting, renewable energy, ventilation and heating controls, as well as work on resilience measures and biodiversity. For more information, please view the brochure below or email info@thfcorp.com.
Paving the Way for Retrofit
"As the largest provider of institutional capital to the social housing sector, THFC is committed to solutions that enable the industry to improve homes and create sustainable communities across the UK. Partnering with the NWF on this innovative approach to retrofit funding will bring significant benefits to the sector. The collaboration will help decarbonise the social housing sector and support the country’s net zero ambitions.”
Priya Nair, Chief Executive of THFC