Social Housing provides homes for those most in need at an affordable price.

MORhomes lends only to regulated not-for-profit registered providers of Social Housing in the UK whose financials are monitored by the relevant regulator.

A significant proportion of the income of regulated not-for-profit registered providers of Social Housing comes either directly or indirectly from the government through grants, housing benefit and other social security benefits.

The regulated nature of the sector, combined with the significant level of government support, helps to underpin credit strength.

In addition, housing associations are responsible for building a material proportion of new homes and play a major role in Sustainability and tackling climate change.

Further information is provided at https://www.housing.org.uk/ and https://chcymru.org.uk/.