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Housing Growth Partnership

London

The Housing Growth Partnership (HGP) is an equity investor backed by Lloyds Banking Group and Homes England, focused on the UK Living sector. It provides patient capital to developers and housebuilders to bridge funding gaps and accelerate the delivery of new homes across the UK.

About

Housing Growth Partnership (HGP) is an equity investor backed by Lloyds Banking Group and Homes England, focusing on the UK Living sector. The firm invests patient capital alongside developers and housebuilders to facilitate the accelerated delivery of homes across the United Kingdom. HGP's core mission is to support the sustainable growth of developers and housebuilders, while also contributing to UK-wide community regeneration. The partnership aims to bridge equity funding gaps for housebuilders, enabling them to construct more homes throughout the country.

The company employs a unique investment approach that shares both risk and reward with its partners. This bespoke strategy means that each investment is tailored to the specific needs of its partners. HGP does not levy interest or fees, instead offering a tailored profit-sharing arrangement designed to reward the developer with a greater share of profit than their initial equity contribution. Partners maintain responsibility for the delivery of their projects, with third-party senior debt typically raised from a range of funders to support the initiatives. Since its establishment in 2016, HGP has collaborated with 87 developers across 161 schemes, committing to the creation of 12,500 homes. Of these, 4,200 homes have been built and sold, with the remaining 8,300 currently in development. The firm has a demonstrated track record and commitment to delivering tangible social impact through its investments.

HGP's 30-strong team possesses the expertise and flexibility to fund a diverse range of tenures within the residential sector. The firm invests in residential-led schemes, which encompass family housing, apartments, build-to-rent properties, regeneration projects, affordable housing, student accommodation, and retirement living. HGP can invest up to £30 million of equity in individual schemes. Furthermore, through its Regional Growth Initiatives and Strategic Partnerships, the company can commit up to £60 million of equity with larger, established developers across a pipeline of sites, allowing partners to expand their growth plans. The firm typically seeks to exit investments post-completion or post-stabilisation, depending on the specific project.

A fundamental aspect of Housing Growth Partnership's purpose is its commitment to fostering a fully inclusive environment for all colleagues, partnerships, and communities. The company strives to create an environment that is truly representative of modern-day Britain, operating under the belief that a more inclusive society leads to greater prosperity, and a diverse business performs better. HGP identifies as an anti-racist organisation and maintains a zero-tolerance policy for hate, taking action against discrimination and inappropriate behaviour, including racism, sexism, homophobia, transphobia, or ableism, regardless of whether it occurs in its offices, over the phone, or online. The firm is dedicated to upholding ethical practices and continuously striving for improvement for the benefit of its colleagues, partners, and the communities it serves. HGP's focus extends to quality, sustainability, and social value, prioritising projects that demonstrate a greater sustainability focus and those that utilise modern methods of construction.

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Location

25 Gresham Street

London, Greater London

EC2V 7HN

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