MORhomes is a bold new initiative to set up a borrowing vehicle for the social housing sector. Over 60 major borrowing housing associations have come together to set up a brand-new PLC, whose public debt will be tradable on the London Stock Exchange. We will raise finance on the bond markets and lend it on to housing associations.
Our target is to borrow up to £1billion in our first year and then up to £1billion each year.
Created by Housing Associations, owned by Housing Associations and run for the benefit of Housing Associations
The attached presentation shows an introduction to MORhomes.
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