Here at One Housing we're proud to say we've not only adapted to the new funding landscape, we're thriving thanks to our innovative approach.
We're one of a minority of housing associations forging their own path and raising money to fund affordable homes through developing new homes for sale on the open market. When we devised this strategy we expected to have to sell two private homes to pay for the construction of an affordable one. Thanks to a bouyant housing market we're now typically building two affordable homes from the sale of just three private homes - exceeding our own targets.
We also have a wide range of other commercial ventures, including a backpacker's hostel in Soho, two cafes and a growing number of retirement home schemes.