Harrogate Housing Association has secured £15 million in loan funding from Triodos Bank UK to build 200 new affordable homes, expanding its portfolio beyond 300 properties in and around Harrogate.
The new homes will have energy performance certificate (EPC) ratings of B or higher, and some will feature air source heat pumps and solar panels to lower residents’ energy costs.
Triodos Bank, which has provided £500 million in loans to UK housing associations since 2008, focuses on financing projects with social and environmental impact. The bank sees the development as a critical step in addressing Harrogate’s housing shortage.
Founded in 1968, Harrogate Housing Association is a not-for-profit housing provider registered with the Homes and Communities Agency. It continues to focus on delivering affordable housing in response to high property prices in the region.
