Major banks commit to Australia’s first SDA social infrastructure loan

SOCIAL INFRASTRUCTURE

SPECIALIST investment manager Lighthouse Infrastructure has secured Australia’s first social loan dedicated to funding Specialist Disability Accommodation...

The loan will enable the expansion of SDA assets within Lighthouse’s Australian Disability Accommodation Projects Trust 2 Fund (ADAPT2)...

In establishing the social loan CBA and NAB served as joint sustainability coordinators, collaborating with Lighthouse to develop its sustainable financing framework...

Only four social loans have been issued in total in Australia. A number of social loans for affordable housing have been issued in the United Kingdom...

“We are delighted to be partnering with CBA and NAB on Australia’s first social loan supporting Specialist Disability Accommodation, which helps to finance our...

“The commitment by both NAB and CBA has the potential to kickstart growth of the SDA investment market, supporting more socially aligned assets and...

Andrew Hinchliff, Commonwealth Bank group executive, institutional banking and markets, said, “CBA is proud to support Lighthouse Infrastructure on...

NAB group executive, corporate and institutional banking, David Gall said, “NAB is proud to be partnering with Lighthouse and supporting the...

He said governments, banks, private capital providers, community groups and the property and development sector all have an important role to...

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