700 affordable homes with Caredig Housing Association

How we helped

We’re pleased to have completed a deal with Caredig (formerly known as Family Housing), a Swansea based Housing Association worth £26m, to help them meet their goal of building 700 new affordable homes in South Wales by 2030. 

Marcia Sinfield, Chief Executive of Caredig said: “We know Principality shares our passion and values to support the provision of affordable homes in Wales. We are delighted to continue, and further strengthen, our relationship with Wales’ largest building society.”

“We know Principality shares our passion and values to support the provision of affordable homes in Wales."

Marcia Sinfield, Chief Executive of Caredig

More about this project

Caredig manages over 2,897 high quality affordable homes, providing a range of services, with a core focus on social housing.  A socially focused organisation, Caredig has a clear mission; “to create strong, vibrant and resilient communities, where people can live active, fulfilling, lives - independently and safely”.

Jan Quarrington, Senior Portfolio Manager Affordable Housing, at Principality Commercial said: “We’re delighted to be supporting Caredig on this venture. As a business we are striving to create better homes for those in our communities, giving families a place where they can thrive. It’s great that we are able to provide these funds to Caredig who share our values.”