ALPHA HOUSING TO BUILD OVER 200 NEW HOMES IN THE NEXT FIVE YEARS
Alpha Housing has announced that it intends to build at least 220 new homes over the next five years after agreeing a £10m loan facility with Danske Bank.
The housing association currently has more than 950 homes in its portfolio at 40 schemes across Northern Ireland and primarily provides properties for older people, as well as some family homes.
The new loan facility will be used to fund an extensive building programme, with Alpha setting a minimum target of building 220 homes over five years. The association has recently hired a development manager and added development experience to its board in anticipation of starting work on a pipeline of new projects.
Cameron Watt, chief executive of Alpha Housing, said: “We are committed to providing housing that meets the needs and increasing aspirations of older people. Securing this loan facility means we can make a meaningful contribution to the sector’s overall efforts to address growing housing needs in Northern Ireland.“
PHOTO CAPTION: Dominic O’Neill from Danske Bank (L) is pictured with Alpha Housing chairman John Clarke (R) at the housing association’s Barnett’s Road scheme.