A Wirral-based housing association has secured a £137m funding package from NatWest to build more than 1,000 affordable homes over the next five years and start its transition to being net zero.
Magenta Living, which currently owns almost 13,000 homes across the North West, will also use the funds to carry out maintenance work on its existing homes and grow its portfolio.
The funding will also enable the housing association to progress its climate change strategy which involves a 30-year commitment to help tackle the crisis by using electric vehicles, improving local green spaces, tackling fuel poverty and improving the energy performance of its housing portfolio.
