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Construction News
06/10/2022
Yorkshire Housing Confirms £77m Deal With NatWest
Yorkshire Housing has confrimed a £77million deal with NatWest to help develop a further 8,000 affordable homes by 2030.
The NatWest funding package will also enable Yorkshire Housing to ramp up its efforts to decarbonise existing homes ahead of government targets through its sector leading retrofit scheme, which sees existing homes fitted out with sustainable technologies such as heat pumps and solar panels.
This allows Yorkshire Housing to continue to work towards its ambition to be one of the UK's first housing associations to stop using gas heating and hot water systems in new build homes.
Andy Oldale, Executive Director of Finance and Governance, said: "In the midst of the current cost of living crisis, it’s more important than ever to provide affordable housing across Yorkshire. The funding from NatWest will allow us to build more homes, and will also enable us to make improve the energy efficiency of some of our existing homes to make them cheaper to live in. At a time of rising energy prices this is vital for our customers. We're extremely grateful to NatWest for sharing our vision to support the local community and create even more affordable housing across Yorkshire."
The NatWest funding package will also enable Yorkshire Housing to ramp up its efforts to decarbonise existing homes ahead of government targets through its sector leading retrofit scheme, which sees existing homes fitted out with sustainable technologies such as heat pumps and solar panels.
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This allows Yorkshire Housing to continue to work towards its ambition to be one of the UK's first housing associations to stop using gas heating and hot water systems in new build homes.
Andy Oldale, Executive Director of Finance and Governance, said: "In the midst of the current cost of living crisis, it’s more important than ever to provide affordable housing across Yorkshire. The funding from NatWest will allow us to build more homes, and will also enable us to make improve the energy efficiency of some of our existing homes to make them cheaper to live in. At a time of rising energy prices this is vital for our customers. We're extremely grateful to NatWest for sharing our vision to support the local community and create even more affordable housing across Yorkshire."
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