Mercian Housing Association: affordable loans to help people improve their homes
Mercian Housing Association, one of Circle’s partners, owns and manages 3,400 properties in the Greater Birmingham area. Mercian Housing Association own ART Homes Limited (AHL), an FSA authorised, not-for-profit organisation that works in partnership with local authorities and provides regulated financial advice and affordable loans to vulnerable and low income home owners living in poor housing.
Loans are available to help people to improve or repair their homes or relocate if affected by clearance or regeneration programmes. AHL loans are targeted at those who are assessed as eligible for support by local authorities and who are unable to obtain affordable finance from high street lenders.
In 2008 / 09 loan completions rose by 50 per cent - Mercian Housing Association have now provided over £20m in affordable loans to vulnerable and low income home owners living in poor housing.
18/01/10 13:40
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Awards
Old Ford Housing Association has won a prestigious national Gold Award for Excellence. Old Ford won the Building Cohesive Communities category of the awards which recognise achievements and excellence in the social housing sector.
