L&G announces new director and £750m for affordable housing push
Legal & General Affordable Homes has announced it has appointed a new director to lead and coordinate the delivery of L&G’s affordable housing, adding £750m into its pot.
Anette Simpson, previously Capco’s group planning director, has joined the business as director of developments and partnerships.
Simpson will lead the delivery of L&G’s affordable housing schemes, overseeing all aspects from development to legal completion.
Legal & General Affordable Homes has announced it has appointed a new director to lead and coordinate the delivery of L&G’s affordable housing, adding £750m into its pot.
Anette Simpson, previously Capco’s group planning director, has joined the business as director of developments and partnerships.
Simpson will lead the delivery of L&G’s affordable housing schemes, overseeing all aspects from development to legal completion.
The business has also allocated £750m for delivering new housing projects in the UK, increasing its development pipeline to nearly 3,500 homes across 41 schemes.
Ben Denton, managing director of Legal & General Affordable Homes, says: “Legal & General remains committed to deploying institutional capital at scale into this sector, to deliver the volumes of social housing which society desperately needs.
“We have made a great start in executing our development programme, which now stands at nearly 3,500 homes all across the country.
“As part of our continued expansion, we have put together a capable and experienced leadership team. Anette Simpson is another key hire, helping us to drive forward our pioneering institutional registered provider model. It was also a delight to welcome our first residents this month.”
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