Under the Government’s new Housing Programme Housing for All Approved Housing Bodies (AHBs), are tasked with playing a vital role in the provision and management of affordable rented housing for people who are unable to afford to buy or rent their own homes. North & East’s Strategic Plan 2020-2024 sets out its commitment to play its role in this regard. To achieve these aims we work in collaboration with our partners in central Government, with 11 Local Authority partners across twenty-six locations and with our Contractors and design teams.
The Association funds these developments using a mixture of loans from the Department of Housing, Planning and Local Government and private finance. North & East is approved by the Housing Finance Agency (HFA) which allows us to borrow at competitive interest rates. We actively seek private finance through the HFA and through other sources which provide reasonable lending rates to enable our future housing development projects.