There is a chronic shortage of affordable homes in many parts of the UK. Meanwhile, demand continues to rise, driven by demographic forces and the fallout of cost-of-living pressures. New sources of capital are required – at speed and at scale – to deliver additional, affordable homes and help alleviate the housing crisis.
FAH seeks to increase the supply of affordable homes by investing in and developing new affordable homes across all tenures, including both general needs and specialist sectors. The definition “affordable” is widely used – for FAH, an affordable home has specific attributes:
The sector is regulated by the Regulator of Social Housing (RSH) sponsored by central Government through the Department of Levelling Up, Housing and Communities (DLUHC). A well-defined system of regulation and governance exists, promoting a viable, efficient and well-governed sector able to deliver and maintain homes and meet residents’ needs. FAH works within this regulatory environment to raise and deploy investor commitments, delivering much-needed new homes that residents and communities need.
FAH intends to build on its established portfolio of homes, seek furthering commitments to expand and diversify its balanced portfolio of affordable housing investments, whilst delivering long-term inflation-aligned income for investors and, tangible positive social impact for residents and communities.
FAH has dual social impact and financial objectives, believing the residential investment class is attractive and under-invested at this time, whilst also being able to deliver on social investment and impact goals.
