Co Financing Business Unit | Triodos Bank UK |
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Sector | Community Projects |
Working with local partners, including Haddenham Parish Council, East Cambs District Council, Homes England, Cambs & Peterborough Combined Authority and lending partner Triodos Bank, HCLT has agreed to buy 19 new homes from local developer Palace Green Homes. Once completed, 17 of these homes will be let to local people – offering them high quality, affordable accommodation in their community. A key aim of HCLT is to provide affordable housing to local people who may have been priced out of the housing market but who have both the need and desire to live in the villages of Haddenham and Aldreth. The Trust was set up in 2018, responding to challenges faced by Haddenham village and its local community. Pressure for more housing to support the growing Cambridgeshire population, together with the increasing popularity of the area, had put pressure on house prices, making home ownership increasingly difficult for some longstanding local families.