SUSTAINABLE HOUSING ASSET RESOURCE EXCHANGE

Managing Mortgage Maturity: leveraging housing assets to support regeneration

Managing Mortgage Maturity: leveraging housing assets to support regeneration

"2012 HSC Regeneration Forum Case Study: When their Queen’s Gate project reached the end of its operating agreement and became mortgage-free, Victoria Park Community Homes had some tough decisions to make. Could this project continue to provide affordable housing for residents and contribute to housing regeneration at the same time? By maintaining sound operating principles and weighing a range of financial options, they found a way to do this and more through re-mortgaging. Today, they are continuing to apply the lessons learned from this experience as more projects in their portfolio reach mortgage maturity."

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Uploaded 4 years ago in Renewal of Assets