Launch: 2023
THFC Sustainable Finance Plc
Overview
The Housing Finance Corporation, in partnership with the National Wealth Fund, is offering £150m in guaranteed long-term loans to UK social housing providers for retrofitting. Aiming to grow to £250m, the funding supports improvements such as low-carbon heating, insulation, renewable energy and biodiversity—boosting sustainability and resilience across the sector.
Key Information
The Housing Finance Corporation is in partnership with The National Wealth Fund (NWF) to provide guaranteed long-term, unsecured loans to UK registered providers of social housing for the purpose of retrofitting their social housing stock. NWF has guaranteed an initial £150m, which is available for lending, with hopes to grow the scheme to £250m over the next 6 months. This partnership represents the first occasion that NWF has provided guarantees for this purpose to bond market investors. Retrofit loans provided by The Housing Finance Corporation can be used by social housing providers across the country for the installation of low carbon heating, insulation, low carbon lighting, renewable energy, ventilation and heating controls, as well as work on resilience measures and biodiversity.
What is the scheme?
New £150m guarantee program designed to provide lo-cost unsecured funding for the retrofitting of social housing. The program includes two types of loans with 15+ year maturities issued via the sterling capital markets.
Housing associations can become eligible by arranging two loans:
1. Unsecured retrofit facility guaranteed by NWF
2. Secured funding for general corporate purposes
Why is the scheme important?
Supports the sector with low-cost, unsecured funding to help Has fulfil their retrofit obligations.
The capital will be leveraged by HAs to reduce carbon emissions, lower tenant expenses, and improve the quality of the United Kingdom’s social housing stock.
What are the eligibility measures?
- Low carbon heating
- Double and Trible glazing
- Insultation – building fabric
- Small-scale renewable energy
- Building light and heating controls
- Low energy lighting
- Ventilation / cooling measures
- Resilience measures
- Water efficiency measures
- Energy efficiency equipment & EV charging
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Contact Us
We’re here to help you channel finance into lasting impact. Get in touch to explore how we can support your mission – one home, one partnership at a time.
Contact Details
Location
3rd Floor, 17 St. Swithins Lane,
London, United Kingdom, EC4N 8AL