A run-down care home has been redeveloped into a 14-bedroom house, to provide much-needed accommodation for homeless people or those at risk of being made homeless.
Thanks to a development loan of £470,000 from CAF Bank, property developer Haven Sent Properties Ltd teamed up with the Littlehampton & Rustington Housing Society Ltd (LRHS) to bring the plans to life.
Since purchasing the former care home in January 2018, the developer has finished refurbishing the property and leased it out to LRHS, to accommodate people facing homelessness.
Moreover, Haven Sent has nominated a local women’s homelessness charity to receive a £2,350 donation, as part of a unique feature of the CAF Bank development loan, where borrowers can transfer one third of the loan arrangement fee to charitable causes of their choosing. This is administered through a CAF Charity Account or CAF Company Account.
Highlighting the main driver of the project, Carly Houston, Director of Haven Sent properties, said: “There’s a huge homelessness problem in Brighton and across Sussex more widely and this is what we are trying to alleviate. The donation will also fund our partner’s work in this same area and go some way to helping the organisation support homeless people in the region.”