The Housing Finance Corporation strengthens leadership team with three senior appointments
The Housing Finance Corporation, the UK’s leading provider of long-term finance to housing associations, today announced the appointment of three senior leaders to its executive team, reinforcing its commitment to sustainable investment and strategic growth across the social and affordable housing sector.
The new appointees — Karin Erlander, Senior Director, Credit, Susan Bailey, Senior Director, Finance and Andrea Jelic, Senior Director, Capital Markets — bring extensive experience across housing finance, capital markets, and corporate leadership. These appointments bring significant financial markets experience into The Housing Finance Corporation and reflect the broader confidence that social and affordable housing remains a compelling asset class with increasing investor demand. Together, they will play a key role in strengthening the organisation’s capacity to deliver innovative funding solutions and long-term value to housing providers nationwide.
Priya Nair, Chief Executive, The Housing Finance Corporation said: “We are delighted to welcome such highly respected and tenured professionals to The Housing Finance Corporation at a time of continued evolution and opportunity for the affordable housing sector. Their combined experience will support our mission to provide stable, sustainable financing for affordable homes across the UK. These appointments reflect our continued focus on building resilience and innovation in our work within the sector.”
Strategic Appointments
Karin Erlander, Senior Director, Credit
Karin Erlander joined The Housing Finance Corporation in November 2025, bringing 25 years of credit analysis experience across various sectors. Prior to joining, Karin spent 18 years at S&P Global Ratings, analysing credit risk across sectors such as utilities, infrastructure, consumer products, and health care. In the last nine years, she focused on social housing providers, universities, and local authorities. She holds a Diploma in Economics from London School of Economics and a BSc in Public Administration with advanced studies in accounting and finance from Stockholm University, Sweden.
Karin said: “I’m excited to join The Housing Finance Corporation at such a pivotal time for the group and the affordable housing sector. With a strong desire to enable and support The Housing Finance Corporation’s mission to provide financial support to the sector, I am delighted to be able to share my credit analysis skills and deep sector knowledge at The Housing Finance Corporation.”
Susan Bailey, Senior Director, Finance
Susan will join The Housing Finance Corporation in December. She is a chartered accountant with over 30 years of experience managing finance teams across a range of sectors including financial services, commerce and not-for-profit including as Bank Financial Controller of Close Brothers bank and as Group Finance Director of the Institution of Civil Engineers. She also serves on the finance committee of Action for Children charity.
Susan said: “I am delighted to be joining The Housing Finance Corporation and look forward to contributing to the group’s efforts to enhance its operations in line with its strategic growth agenda.”
Andrea Jelic, Senior Director, Capital Markets
Andrea is due to join The Housing Finance Corporation in the New Year and will be responsible for all aspects of financing, investor relations, rating agency and key stakeholder engagement. She has over 16 years of Debt Capital Markets experience having previously worked at HSBC, RBC and Nomura, where she advised major UK and European Public Sector institutions on various aspects of their bond issuance programmes.
Andrea said: “I am delighted to be joining The Housing Finance Corporation and work alongside a team of highly skilled and motivated individuals. The institution is uniquely positioned to support UK affordable housing, and I look forward to contributing to its growth at a critical point in time for the sector.”
These appointments come as The Housing Finance Corporation continues to broaden its role in delivering long-term, sustainable funding to the UK’s housing sector. With a loan book of near £8 billion and more than 145 housing associations supported nationwide, The Housing Finance Corporation remains a cornerstone of affordable housing finance.
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About The Housing Finance Corporation
The Housing Finance Corporation has been the UK’s leading affordable housing aggregator for more than three decades, providing innovative funding solutions for 149 housing associations across all four nations of the UK. The Housing Finance Corporation has amassed a near £8bn loan book to date and continues to expand its range of financial products to serve the needs of the social housing sector. The Housing Finance Corporation has made significant contributions toward solving the UK’s affordable housing crisis, having funded 32,000+ homes under Affordable Housing Finance Plc (AHF), which oversaw the government’s initial Affordable Housing Guarantee Scheme. The aggregator launched Blend Funding Plc (Blend) in 2018 which has grown to provide committed facilities to 33 housing associations totalling over £1.9bn. In February 2025, the organisation announced the launch of a groundbreaking £150m partnership with the National Wealth Fund (NWF) to finance retrofitting of affordable homes alongside its new lending vehicle THFC Sustainable Finance Plc (TSF).
Notes to Editors:
For media inquiries: media@thehousingfinancecorp.com
