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HPC Housing Investment Corporation Completes Inaugural Social Bond Financing for New Construction Lending Program

HPC Housing Investment Corporation Completes Inaugural Social Bond Financing for New Construction Lending Program News provided by Share this article Share this article TORONTO, March 17, 2021 /CNW/ - HPC Housing Investment Corporation (HIC) is pleased to announce that it closed a C$40 million social bond offering as part of its new Construction Lending Program, that will provide long-term financing for an affordable housing project in Edmonton, Alberta. First to benefit from this new lending program is Capital Region Housing s Londonderry mixed use redevelopment project. Located in central Edmonton, the redevelopment will replace the existing 80 units with 240 new 2- to 3-bedroom apartments and 1-, 3-, 4- and 5-bedroom townhomes. The project features:

YBS brings first prime social RMBS

S&P Global Ratings Provides Full Alignment Opinion On Yorkshire Building Society s Social Bond Framework

S&P Global Ratings Provides Full Alignment Opinion On Yorkshire Building Society s Social Bond Framework News provided by Share this article Share this article MADRID, March 15, 2021 /PRNewswire/  S&P Global Ratings said today that Yorkshire Building Society s (YBS s) Social Bond Framework is fully aligned with the four components of the Social Bond Principles (SBP). The Framework Alignment Opinion report is available here. YBS s social bond framework is considered fully aligned because it commits to using net proceeds of financing issued under the framework to fund eligible social projects that fit into categories defined in the SBP, specifically socioeconomic advancement and empowerment and access to essential services, said Nicolas Cabrera, the primary contact at S&P Global Ratings.

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