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Unity Housing Association set to expand with £7m loan

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One of Yorkshire’s leading housing associations will spend £7m to boost the number affordable homes for communities across Leeds.

Unity Housing Association has been provided with funding from The Co-operative Bank to increase its housing stock from 1100 to [1250] over the next five years.

Unity was established in 1987 to address the housing needs of local communities.  It quickly recognised that it could play a part in social and economic development and extended its services to financial and professional resources to support communities and local businesses.

Today, it is the leading housing association in Leeds, building strong sustainable communities through delivery of high quality housing, and creation of social and employment opportunities.  It also plays a strategic role in housing nationally.

The transaction was arranged by Senior Corporate Manager Steven Clarke from The Co-operative Bank’s Corporate Banking Centre in Leeds.

Ali Akbor, Chief Executive of Unity Housing Association, said: “This funding will now allow us to provide more affordable high quality homes to people across Leeds and help us fulfil our aim to build more sustainable local communities.

“We would like to thank The Co-operative Bank for this support.  It has shown throughout that it is totally dedicated to making our plans a success.”

Steven Clarke added: “We are delighted to be supporting Unity Housing Association with these ambitious plans and the important work it carries out to improve the lives of people in Leeds.

“We now look forward to working with the team and building a strong relationship to make these plans happen.

“This provides a further illustration of how the Bank continues to support businesses and organisations despite the uncertainty in the wider economy.”

Other services provided by Unity include a proactive tenant into work project, and through its subsidiary Unity Enterprise, manages three business centres which provide affordable office and workspace for local businesses and support for those considering self employment and training.Unity Housing Association was registered with the Housing Corporation on March 23rd 1987.Unity is an organisation committed to building strong sustainable neighbourhoods through the provision of high quality housing and social and employment opportunities. It is a modern, successful and visionary organisation that understands and represents the needs of all tenants of all ethnic backgrounds.Unity Housing provides 1100 homes to over 1800 tenants whilst Unity Enterprise (a subsidiary company) manages three business centres that not only provide support for people setting up businesses, but also provide employment opportunities for the wider community.For further information and interviews please contact Ali Akbor on 0113 200 7719.Housing: Serviced Offices & Workspace:!/pages/Unity-Homes-Enterprise/155486604575037

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