Institutional investors back affordable housing sector

Step forward homes

Step Forward Homes is one of a number of affordable housing groups to have attracted long-term investors.

Step Forward Homes is on the cusp of securing funding from an unnamed backer that it describes as “one of the biggest institutional funders in the property market”.

Founded in 2014, it has just opened its 100th home aimed at ex-servicemen and women and emergency workers, and the new investment will enable it to ramp up its output to 1,000 units a year over the next five years, says sales and marketing director Chris Metcalf.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue