Showing posts with label Falkirk. Show all posts
Showing posts with label Falkirk. Show all posts

Monday, 8 June 2015

Pension funds to build houses

Falkirk Local Government Pension Scheme Fund has awarded fund manager Hearthstone Investments £30 million to invest in social and affordable housing in Scotland.
Over 300 affordable homes are expected to be delivered with the Scottish Government providing an initial investment of over £6 million towards 126 social homes in Falkirk and Clackmannanshire. Hearthstone predicts its ‘Housing Fund for Scotland’ fund will achieve £150 million total investment from a number of pension funds, delivering over 1,000 affordable and private rented homes.