Pension Insurance Corporation (PIC) has increased its allocated funds to social housing by purchasing £72m of bonds from Salford City Council.
The bonds back a private finance initiative (PFI) to fund the New Pendleton Social Housing project. This will see 1,270 homes be refurbished in the Salford area and maintained for 30 years. PIC was...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
