CALF funding is capital support provided to Approved Housing Bodies (AHBs) by local authorities to facilitate the funding of construction or purchase of new social housing units. This loan facility can support between 25% and 30% of the eligible capital cost of the housing project, with the remaining finance sourced by the AHBs from private lenders (usually the HFA) with the housing units provided to local authorities for social housing use under long-term lease arrangements known as Payment and Availability Agreements (P&A).
|
Year
|
Total Approved Housing Bodies Funded via CALF
|
|
2021
|
15
|
|
2022
|
14
|
|
2023
|
16
|
|
2024
|
16
|
|
2025
|
15
|