The Oxfordshire Pension Fund has finalised an investment of £55 million into the Man Group Community Housing Fund to build affordable homes in Oxfordshire and across the country over the next few years.
Investing in the construction of new affordable homes helps tackle the housing shortage across the county, while generating stable, long-term returns to support pension funding.
More than two thirds of the new homes will be in Oxfordshire, with 60% designated for social rent and the remainder split between affordable rent and shared ownership. Man Group have a target that all new properties they fund will be Energy Performance Certificate Rating A.
Our investment will contribute to reducing carbon emissions from housing in the county and should help drive down energy costs for the residents in the process.