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August 29, 2016

Social housing shortage tempts unusual investors

Financial Times

In a time of a great housing shortage in the UK, Funding Affordable Homes is the first fund to set up and invest in affordable housing run by local council and housing authorities. The housing sector itself has become more attractive to private sector money, and insurance companies such as Legal & General and Pension Insurance Corp have both invested in the fund. While, as with any investment, there is an inherent risk involved, the nature of the structure involving the fund and the council and housing authorities means that the investment is generally fairly secure.

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