The asset, in Newbury, is a 119-home mixed-tenure affordable housing development, managed by FAHHA with support from Pinnacle Group. The recently-completed scheme will immediately deliver homes for residents identified through a local lettings plan, formulated in collaboration with the local authority, West Berkshire. Originally intended for private market sale, grant subsidy was secured from Homes England and the local authority to bring the homes into affordable use, highlighting the transformational role that institutional impact capital can play, stepping into situations of market failure to bring forward additional, sustainable homes for the long-term benefit of residents and local communities.