Finance

LGIM provides £100m long-term loan to affordable housing group

By 2020-06-15T09:31:00

Affordable housing

Source: Shutterstock/Paul D Smith

Legal & General Investment Management Real Assets (L&G) has provided £100m in deferred long-term financing to Bromford Housing Group, the largest provider of affordable homes across Central and South West England.

The funding will be drawn in a year’s time and will support Bromford’s strategic development goal to deliver 12,000 new affordable homes by 2028.  

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