Published: October 2, 2014
Region: London
Bangla Housing Association’s mission is to provide good quality, affordable homes and relevant support services for those in the local Bengali and other Black and Minority Ethnic (BME) communities. A Unity loan of £4.8m meant they could purchase 70 properties from other housing associations providing housing for over 300 people. Bangla has been managing these properties for over 15 years on behalf of other registered providers and this means residents have a more streamlined service and only need to contact Bangla for all of their housing needs.
“This is a great opportunity for Bangla Housing Association. We have managed the properties on behalf of partners for a number of years and know the residents well. The transfer of stock to Bangla means we are the sole housing managers and can really push our customer satisfaction levels for our new residents. In addition, the financial support from Unity means we have developed our asset base, are financially secure and have more long-term control over our operations.”
Bashir Uddin, Director, Bangla Housing Association