Press Release
Inspired by Hospitality, our vision is to be the leading specialist housing association in Ireland, promoting the right to independent living for people with specific needs.
The Saint John of God Housing Association Limited seeks to support, strengthen and develop the skills, competencies and abilities of individuals, families, and communities. In addition, it seeks to increase housing stock by securing private finance from the Housing Finance Agency and other private funding sources by Q.4 2015. The Saint John of God Housing Association Limited Strategic Plan 2015-2020
Application to the Housing Finance Agency for Certified Body Status
We are delighted to announce that the Saint John of God Housing Association has just received confirmation that its application for Certified Body Status from the Housing Finance Agency (HFA) has been successful.
The HFA, established as a state-owned company in 1982, provides loan finance to local authorities and Approved Housing Bodies (AHBs), offering a wide suite of products at very competitive rates and a speedy approval process. As well as borrowing European Investment Bank supported fixed rate funding out to twenty five years for New Build and Retrofit projects, AHBs and local authorities can access 10-year fixed rate finance and up to 30-year variable rate finance for Acquisition and Mortgage-to-Rent products. Demand for HFA products has grown considerably throughout 2015 and into 2016 and sufficient funding is available to meet all projected requirements.
To date, there are only 12 approved housing bodies in the State with Certified Body Status. The HFA’s application requires Approved Housing Bodies to have strong corporate governance along with a clear focus on its future development plans which include a strategic plan and a 30-year business plan.
On 11th February 2016, the Chief Executive, Bernie Cadden, received confirmation that the Housing Association had become only the 13th Approved Housing Body to receive HFA approval. Achieving Certified Body Status is another important and significant development for the Housing Association in its plans to increase the provision of housing for people with specific needs.
