Get funding for your project

Greater Manchester (GM) Housing Investment Fund

The GM Housing Investment Fund gives developers access to funding so they can kick start housing projects that would otherwise be difficult to fund from elsewhere.

The fund is designed to help a full range of residential schemes in all locations across GM and welcomes small and medium sized developers.

To date over £420m has been committed to help deliver more than 5,150 homes at 40 sites across GM, including several sites in Wigan. Whilst the fund reached the £300m milestone after two-and-a-half years, it's open for business using recycled funds and will continue to invest in more homes across the region.

What does it offer?

  • Any loan size considered between £500k and £30 million
  • Security requirements dependent on project specifics
  • Maximum four-year loan term, longer terms considered case by case
  • Stretch senior debt and mezzanine finance options available and equity investment will be considered.

To find out more you can contact the Housing Partnership team.

Housing Growth Partnership (HGP)

The Housing Growth Partnership (HGP) is an equity fund set up by Lloyds Bank and Homes England to support the growth of ambitious and entrepreneurial SME housebuilders and to enable the delivery of more homes across the UK.

HGP invests alongside you on residential development projects reducing the amount of money you need to invest whilst improving the returns you make. HGP’s aim is to help you build more homes and grow your business.

They have partnered with more than 40 housebuilders in the past 5 years to support the creation of over 3000 homes and the programme wants to support the delivery of even more homes in the future.

What does it offer?

  • It allows you to free up cash so you can spread your money over multiple sites or into other areas of your business
  • HGP can support across a number of projects and become a strategic partner to help the growth of your business
  • You will make an improved return on the cash you invest when compared to the returns if you were to complete the project yourself
  • HGP also employ a group of industry experts who can offer free help and guidance to your business.

To find out more you can contact the Housing Partnership team.

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