Hightown Raises $100 Million Investment for Affordable Housing Growth

Hightown, a charitable housing association operating principally in Hertfordshire, Bedfordshire, Berkshire and Buckinghamshire, has secured $100,000,000 in investment from a recent funding round. This substantial capital infusion underscores a commitment to addressing the critical need for affordable housing and support services across the Home Counties. The organization currently manages over 7,000 homes and employs more than 1,000 staff, with an annual turnover of £85.5 million. Hightown’s core mission is to build new homes and provide excellent housing and support. Its housing initiatives include properties for people on local authority housing lists, intermediate rents, and shared ownership homes designed to help individuals take their first step onto the housing ladder. Beyond housing, Hightown also runs care and supported living schemes for diverse client groups, including those with learning disabilities, mental health problems, young people experiencing homelessness, and women who have survived domestic violence, aiming to foster independent living skills. This significant investment will be deployed to further Hightown's strategic development programme, which aims to deliver around 500 new affordable homes each year. The funds are expected to enhance its capacity to construct additional housing units and expand its range of support services, directly impacting more individuals and families in need. The financing round represents a strong vote of confidence in Hightown’s proven model and its long-term impact within the communities it serves. Looking ahead, Hightown plans to leverage this new capital to accelerate its growth initiatives, ensuring a continued increase in its housing provision and the breadth of its support offerings. The association remains focused on its aim to provide homes and the necessary support for everyone, contributing significantly to social welfare in its operating regions.