SFHA members are invited to attend the launch of the latest Scottish Charitable Bond
The programme uses funding from the Scottish Government to make unsecured loans, starting from £1m, for a term of up to 15 years.
The Scottish Charitable Bond programme provides loans to housing associations in Scotland for the development of new affordable homes.
The programme uses funding from the Scottish Government to make unsecured loans, starting from £1m, for a term of up to 15 years.
There’s added social benefit, as interest on the loans provides grant funding which Scottish Government allocates to support further social housing development – keeping the money within the sector.
A number of SFHA members have borrowed using this method in recent years.