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Trivallis Housing Association has secured a new £25m funding line from the commercial arm of Principality Building Society as it looks to increase its stock of affordable homes.
Formally known as RCT Homes, Trivallis employ over 400 staff and provide homes to 25,000 people across Rhondda Cynon Taff and Cardiff Bay, alongside managing nearly 11,000 homes.
The new partnership with Principality Commercial, the commercial arm of Principality Building Society, will support Trivallis in its strategy to maximise the use of its existing properties and explore new build opportunities in the Rhondda Cynon Taf area.
Richard Wales, commercial lending director at Principality Building Society, said: “It is an absolute pleasure to have the opportunity to work with Trivallis, where we are proud to assist with their development and regeneration ambitions
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