en.Wedoany.com Reported - East Lothian Housing Association (ELHA) has secured £8.5 million in financing from the Royal Bank of Scotland to build 80 new affordable homes in Elphinstone and Bledwells, aiming to alleviate local housing supply shortages and enhance tenant services.

ELHA, which has been operating for 38 years, understands the needs of the communities it serves and currently manages approximately 1,500 properties, primarily affordable rental housing. As a non-profit organization, the association reinvests any surplus into the continuous improvement of services and housing.

The Royal Bank of Scotland is ELHA's primary transactional banking partner and key funding institution, providing daily banking services and strategic financial support. This funding will help ELHA develop 80 new homes in Elphinstone and Bledwells, and support its long-term goals of sustainable growth and maintaining existing housing.

Gary Alison, Director of Finance and Corporate Services at East Lothian Housing Association, stated that this funding represents a significant step forward for the association and the communities it serves, helping to assist more tenants by building more rental homes.

Jamie Landa, Senior Relationship Manager at the Royal Bank of Scotland, noted that affordable housing is crucial for community resilience, and the bank is proud to be ELHA's primary banking partner. This support is part of the NatWest Group's broader ambition for the UK affordable housing sector, aiming to provide £10 billion in funding across the UK by the end of 2028.