bLEND is an A2 rated Social Bond programme providing bond finance to housing associations across the UK. The organisation is a subsidiary of The Housing Finance Corporation (THFC). THFC is an independent, specialist not-for-profit finance business that focuses on lending to the social housing sector.

Zoe Purdie, Trust’s director of finance & people, said: “For a thirty-year fixed rate this represents huge value and gives us the certainty and liquidity to continue implementing our bold strategy.

“The strategy is all about putting customers and empowered teams at the centre of a growing business that is meeting the changing needs of our customers and workforce, while delivering exceptional value. It is also about investing in our existing homes and building new affordable homes, and accelerating our investment in technology and our journey to net zero.”