
Triangle Housing Association Secures £22M for Social Homes
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Triangle Housing Association secures £22M funding from Danske Bank to build 100-150 new social housing units, addressing housing shortages amid rising needs and lower government grants.
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Belfast News Today | 2 Min News | The Daily News Now! — Triangle Housing Association Secures £22M for Social Homes. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 24, Triangle Housing Association in Northern Ireland has secured a new 22 million pound revolving credit facility from Dansky Bank. This funding will back their push to build between 150 new social housing units over the next 18 months. Triangle, based in Balli Money, manages over 1,600 homes and employs nearly 500 people as it nears its 50th year. The association has been busy this year, already delivering 70 new homes in places like Antrim, Balli Money, and Lemavati. Right now, more than 100 units are under construction across coal rain, Balli Money, Colybacchi, Lemavati, and McGara. They are also set to start several more projects before the financial year ends. This deal comes at a tough time, with rising housing needs, lower government grants, and type public budgets. As Ed Triangle say, it keeps their development plans on track to help communities facing shortages. Dansky Bank highlights their long support for the social housing sector here.
Looking ahead, the facility ensures steady progress on expanding affordable homes amid growing demand. Recent completions show their commitment, and upcoming sites will add even more options for families. With partnerships like this, Northern Ireland's housing providers are stepping up to fill critical gaps, supporting stronger communities for years to come.
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