Abundance launches new investment for solar-powered green housing

Ethical investment platform Abundance has launched its latest housing offer, with rooftop solar a key element of the plans. The new homes will incorporate energy efficiency and generation features, including solar and ground source heat pumps. It is Abundance’s third affordable housing investment together with housing developer Octevo Housing Solutions. The new investment is set to help tackle the social housing shortage while reducing fuel poverty and contributing to net zero. The 37 new homes, located on the outskirts of Liverpool, are to be built for rental, providing long-term supported living and affordable homes. Liverpool Community Homes PLC is raising up to £6,850,000 to finance the developments through tradeable debentures, offering 6% annual interest for a 2.5 year term. Alongside the installation of solar panels, other sustainability measures include water efficiency systems, glazing and insultation improvements, and ground source heat pumps.