Articles about housing from Norfolk County Council
The Norfolk Pension Fund has confirmed it holds investments in affordable housing in the county, with officers telling the Pensions Committee these meet the same financial return expectations as other assets. The fund's responsible investment approach relies on ESG integration and active stewardship rather than excluding carbon-intensive companies outright.
Source: Pensions Committee
Norfolk County Council is recommending that its wholly owned property development company, Repton Property Developments Ltd, be given access to up to £40 million in borrowing — up from its current limit — to fund residential schemes starting in 2027. The extended facility would also run five years longer, until 2035.
Source: Cabinet
The Norfolk Pension Fund invests in affordable housing and receives quarterly reports from fund manager Legal & General to ensure rents charged to tenants remain within affordable limits. Homes England grant conditions also require formal affordability commitments on many of the properties.
Source: Pensions Committee
Cabinet has approved £4.4 million in capital funding to help housing provider Housing 21 build 87 independent living apartments for older people in Thorpe St Andrew, near Norwich. The money comes from an existing £29 million programme set aside for this type of scheme.
Source: Cabinet