Greater Manchester Housing Fund
The Greater Manchester Housing Fund represents a cornerstone of Greater Manchester's housing growth strategy and specifically targets the ongoing constraints within the residential finance market. This includes the reduced risk appetite many lenders continue to exhibit and ceilings on the financial exposure they are prepared to accept.
This Housing Fund will initially provide loan development finance for private sector partners on a fully recoverable basis. It will be managed by the Greater Manchester Combined Authority on behalf of the 10 councils in Greater Manchester.
The Fund will be open to applications on an ongoing basis.