News - Midlands
Waterloo wins £100m finance deal
Waterloo Housing Group has sealed a £100m debt financing deal with Barclays to support the company’s goal of building 3,000 affordable homes. Waterloo Housing Group was formed 15 months ago following the merger of Eastern Shires Housing Group and Waterloo Housing Association; it currently owns 17,500 homes, mainly in Leicestershire, Lincolnshire and the West Midlands. The deal will provide three years’ funding and will help enable the Group to build a further 3,000 homes for families on low incomes in the Midlands, for shared ownership schemes and for sale when market conditions improve, while creating jobs in the local construction sector.