Event Overview
In today's challenging financial landscape, the traditional approach of maximising debt to fund social housing development and retrofit projects is increasingly unsustainable. Interest rates have doubled, covenants are tightening, and balance sheets are under strain. This masterclass delves into the complexities of financing in the social housing sector beyond just borrowing more.
Join us for an insightful session where we explore the current picture of financing social housing development and retrofit. We will examine the limitations and risks associated with traditional debt funding, discuss the advantages and drawbacks of various financing methods, and introduce alternative funding models such as equity partnerships. This is an essential opportunity for housing leaders to rethink financing strategies that are both sustainable and aligned with their organisational goals.
Featured Speaker: Arun Poobalasingam
We’re thrilled to have Arun Poobalasingam, Chief Partnerships Officer at THFC, leading this masterclass. With extensive experience in the social housing sector and a rich career that spans roles at HSBC, Network Rail, and Diageo, Arun brings a wealth of knowledge in innovative finance strategies. Having led HSBC’s social housing business and raised over £20bn of debt at Network Rail, Arun’s expertise in both traditional and alternative financing models makes him the perfect guide to help housing leaders navigate today’s challenging financial landscape.
Why Attend?
Leaders attending this masterclass will gain critical insights into navigating today’s complex financing landscape for social housing development and retrofit. With interest rates rising and balance sheets under strain, this session offers a deep dive into sustainable alternatives to traditional debt funding. It's an essential opportunity for decision-makers to explore innovative funding models, manage financial risks, and align their strategies with long-term organisational goals.
Key Topics:
The current challenges in financing social housing development and retrofit
Understanding the impact of escalating interest rates and strained balance sheets
Evaluating the advantages and drawbacks of different debt financing methods: Bank
funding, Capital markets finance (own-name public bonds and aggregators, Affordable
Homes Guarantee Scheme and Private placements
The increasing importance of interest cover covenants
Exploring alternative funding models, including equity partnerships
Decision-making considerations for social housing finance leaders
Attendees will leave this masterclass with a comprehensive understanding of the impact of rising interest rates and tightening covenants, equipped to evaluate various debt financing options, explore alternative funding models like equity partnerships, and develop strategic decision-making skills tailored to their organisation’s needs. Most importantly, they’ll gain actionable insights to lead informed discussions on funding strategies that are both sustainable and aligned with their mission to deliver Healthy Homes.
Who Should Attend:
Anyone involved in funding, developing, or managing social housing and retrofit projects
Don't Miss Out!
This is the third of a series of essential Masterclasses designed to help you make informed, strategic decisions. Join us to stay on top of the latest developments in the sector and ensure your organisation remains compliant, proactive, and prepared for a Healthy Homes future.
#MakingHousingBetter
