New financing market for non-profit housing developers
In order to promote the further development of non-profit housing, the Association of Swiss Housing Cooperatives is launching a financing market. The aim is to secure favorable financing for the association's members.
The financing market is aimed at non-profit housing developers who want to finance a real estate purchase or a construction project or renew a mortgage, the Association of Swiss Housing Cooperatives informs. The housing cooperatives received significantly more favorable loan conditions, as the experts of the financing market for the non-profit housing developers carry out the loan tender with a wide range of potential lenders. Practical examples showed that financing costs could be reduced by up to 50 percent or even more in this way, the association said.
The financing market is also attractive for investors: It offers them access to low-risk, sustainable and socially meaningful investment opportunities in nonprofit housing. The financing market is independent and open to all interested financiers who want to invest in nonprofit housing. (bw)
