Yorkshire Housing has secured £75 million in funding from Lloyds and NatWest to support its expansion and sustainability initiatives. The deal includes a £40 million sustainability-linked loan from Lloyds and £35 million from NatWest.
The funding will go toward building affordable homes and upgrading existing properties to meet energy efficiency standards. Lloyds’ loan is tied to targets such as increasing affordable housing supply, achieving an EPC rating of C or higher for properties by 2030, and expanding solar PV installations.
Yorkshire Housing currently manages 20,000 homes and plans to build 8,000 more. To date, it has completed 2,100 homes, with 2,000 in development. The organisation is also investing in workforce growth, with plans to add 60 apprenticeships over the next five years.
NatWest has increased its social housing lending target to £7.5 billion by 2026, citing growing demand. The bank and Lloyds have an established relationship with Yorkshire Housing, providing long-term financial support for its expansion efforts.
