According to recent reports, “the Government’s National Wealth Fund (NWF) will provide financial guarantees for two high street banks to deliver £1bn in funding to support the retrofit of social housing in the UK”.
Following the headlines about a new fund for refurbishing social housing, members have been asking questions about when and how to access the new £1bn social housing fund for refurbishment.
The Almshouse Association spoke with Homes England yesterday (23 October 2024) and as yet, even senior contacts at Homes England are not clear on when and how the funds will be distributed. Our contact, however, has said it is likely to be available to Regulated Providers only. This is not confirmed but anticipated.
For those seeking to remodel please remember that The Almshouse Association offers interest free loans, and in some cases grants. It is also possible to access remodelling grants from Homes England even if your charity is NOT REGISTERED (Regulated). The Almshouse Consortium Limited (ACL) offers support for this fund.
Click here for more information on Loans, Grants and other funds.
posted 24 October 2024