Decarbonising the Midlands largest housing association.
Read time: 2 mins Added: 11/07/2022
The largest housing association in the Midlands1, Platform Housing is developing 4,600 new affordable homes and plans to decarbonise its existing portfolio with a sustainability-linked loan of £235 million and a £250 million grant from Homes England.
Centred on the provision of affordable, sustainable and quality homes for new and existing customers, Platform will push ahead with plans to move all of its homes to EPC C and above in the near future.
They will begin with upgrading the fabric of buildings and introducing low carbon technologies to heat and power homes. Platform’s goal is to increase the energy efficiency of all of its new build properties and improve its Standard Assessment Procedure scores up towards an average of A within the next five years.
With a portfolio of 47,000 homes, supporting over 100,000 people and employing 1,500 staff, Platform Housing is also committed to investing in it’s colleagues and the community. Each year for the next five years the housing association will increase the amount of apprenticeships they offer.
Rosemary Farrar, Chief Finance Officer at Platform Housing, said: “The Midlands has one of the most acute housing shortages in the country. That means developing stock that is both fit for purpose and fit for the future is crucial. We’re proud that our ambitions cover a range of ESG objectives and will deliver a housing portfolio that benefits the communities we operate in across the region.”
Jatinder Dhaliwal, Relationship Director at Lloyds Bank said: “Platform Housing is committed to enhancing its ESG offering to its communities and within the social housing sector and we’re proud to help the association on its journey.
“This funding will make a lasting impact on the quality and availability of housing across the Midlands and we’re looking forward to working closely with Platform as it delivers its objectives.”