L&G to build 3,000 affordable homes by 2022

Legal & General is to start building affordable homes with the aim of delivering 3,000 a year by 2022. The firm said it will target affordable housing due to underinvestment in the sector. L&G is aiming to become the “leading affordable housing provider in the UK” by drawing on its £15bn investment programme, according to chief executive Nigel Wilson.The company’s head of affordable housing Simon Century said L&G offered a new solution for the sector that could take delivery pressure off housing associations.

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Source: Construction News