How schemes are funded
Institutional capital builds the homes. The council does not fund them.
Every Civic Place scheme is funded without council capital, borrowing or guarantees. Institutional investment finances delivery, a Registered Provider takes on the homes at completion, and Homes England grant can support deeper affordability where it fits.
the funding stack
Four parties, each with a clear role
- Civic Place’s institutional funding partner finances each scheme from planning through to practical completion.
- At completion, a Registered Provider takes on the homes and owns, lets and manages them for the long term. Where a scheme is eligible, the Registered Provider can bid for Homes England grant to support social rent.
- The council provides the land and nominates the tenants. It is not a party to the funding, and no council capital, borrowing or guarantees are required.