Business
ReSI Housing awarded IP status by Homes England
ReSI Housing awarded IP status by Homes England.
About this update from Residential Secure Income Plc
[{"type":"text","content":"\n \n \n RNS Number : 7102G\n Residential Secure Income PLC\n 19 March 2020\n \n \n \n \n 19th March 2020\n \n \n Residential Secure Income plc \n \n \n ReSI Housing awarded Investment Partner status by Homes England\n \n \n \n \n \n Residential Secure Income plc (\"ReSI\") (LSE: RESI),\n which invests in affordable shared ownership, retirement and Local Authority housing, is pleased to announce that ReSI Housing, its wholly owned For-Profit Registered Provider of Social Housing has been awarded Investment Partner status by Homes England, the U.K. government public body t\n hat funds new affordable housing in England. The new status allows ReSI to access Homes England's £4.7 billion Shared Ownership and Affordable Homes Programme \"SOAHP\" 2016-21. \n \n \n \n \n \n ReSI Housing is already an Investment Partner with the Greater London Authority (\"GLA\") and, as previously announced, has secured £6million of government grant to date to support the ongoing delivery of ReSI's shared ownership portfolio in London. \n \n \n \n \n \n Investment Partner statuswith Homes England extends ReSI Housing'sabil\n i\n ty toaccess grant funding to include schemes outside of London and bring forward much needed additional Affordable Housing at national level. \n \n \n \n \n \n Boththe new Homes England and theGLA programmes provide government grant funding as a capital contribution towards new sub\n -\n market rented housing such as shared ownership, affordable rent and social rent.\n \n \n \n \n \n \n Alex Pilato, CEO of ReSICapital Management, commented:\n \n \"Achieving Investment Partner status from Homes England allows ReSI to help them bring forward much needed new affordable housing right across the UK, working with national House Builders in allocating funds efficiently.\n \"\n \n \n \n \n \n \n \n \n \n \n \n \n FOR FURTHER INFORMATION, PLEASE CONTACT:\n \n \n \n \n \n \n \n \n \n \n \n \n \n ReSI Capital Management Limited / TradeRisks Limited \n \n \n Ben Fry \n \n \n Alex Pilato\n \n \n Mark Rogers\n \n \n James Sly\n \n \n \n \n +44 (0) 20 7382 0900\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Jefferies International Limited \n \n \n Stuart Klein\n \n \n Gary Gould\n \n \n \n \n \n \n \n \n \n \n +44 (0) 20 7...