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London Housing Development Corporation

Creating strategy for the development and implementation of a housing development corporation in the City of London

Partner
City of London

Date
June 2013 – August 2014

Team
Norm Tasevski
Kelly Gauthier
Syeda Zaki

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About the Project

Purpose Capital and its collaborative partners, SHS Consulting, The MaRS Centre for Impact Investing & Robbins Appleby LLP, worked with the City of London to establish a plan to create an arms-length Housing Development Corporation that has the capability to help implement the City’s Community Housing Strategy while also supporting the achievement of numerous other strategic objectives of the municipality.

The HDC has been designed to be financially self-sustaining and make use of innovative financial mechanisms to support the development of various forms of housing (especially affordable housing) and to support its ongoing operations.

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