Woven Housing Association says it will invest more than £150 million over the next five years into new housing developments and upgrades to existing stock.
Currently providing around 2,500 supported, sheltered, and general needs homes, the investment will see Woven - which until being rebranded last month was known as Habinteg Housing Association - help to address the rising waiting list figures by improving the quality of their current homes and services as well as building new schemes to help house those currently on the waiting list.
Recent investments by Woven such as the £23.6m investment into Beechmount Village in Strabane and £7.6m across west Belfast will together provide over 200 high quality homes.
Neil McIvor, Chair at Woven, said: “We’re committed to playing our part in helping to meet the unmet housing needs across Northern Ireland and our recent investments are reflective of this.
“Over the next five years we aim to strengthen this commitment and provide more housing solutions across the region.
“The £150m includes vital grant funding from the Department for Communities. It enables us to invest in our homes and services and keep a stream of developments in the pipeline.
“It ensures that we can provide a range of housing solutions in each area to meet the needs of the widest possible range of tenants and create diverse environments to help communities thrive.”
Woven (www.woven.org.uk) says its new name and visual identity will allow it to explore further development opportunities across the north to address the growing demand for social housing, adding that it remains committed to providing accessible, affordable, and inclusive homes.
