Trafford Housing Trust
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Trafford Housing Trust was a
housing association In Ireland and the United Kingdom, housing associations are private, Non-profit organization, non-profit making organisations that provide low-cost "Public housing in the United Kingdom, social housing" for people in need of a home. Any budge ...
based in
Trafford Trafford is a metropolitan borough of Greater Manchester, England, with an estimated population of 235,493 in 2017. It covers Retrieved on 13 December 2007. and includes the area of Old Trafford and the towns of Altrincham, Stretford, Ur ...
. It was acquired by L&Q in 2019. It owned and managed about 9,000 properties. It also provided care and support for disabled people and ran
sheltered housing Sheltered housing is a term covering a wide range of rented housing for older and/or disabled or other vulnerable people. In the United Kingdom most commonly it refers to grouped housing such as a block or "scheme" of flats or bungalows with a sch ...
and extra-care homes. It owned Laurus Homes, which still builds affordable homes for sale. It was created by a transfer of housing stock from
Trafford Council Trafford Council is the local authority of the Metropolitan Borough of Trafford in Greater Manchester, England. It is a metropolitan district council, one of ten in Greater Manchester and one of 36 in the metropolitan counties of England, and pr ...
in 2005.


Commercial details

Matthew Gardiner is the chief executive. Turnover for 2016/7 was £54.4 million, with an operating surplus of £12.4 million. In 2017 it completed a refinancing package of £275 million from
Lloyds Bank Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds B ...
,
BlackRock BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...
, the Pension Insurance Corporation and the
Yorkshire Building Society Yorkshire Building Society is the third largest building society in the UK, with its headquarters in Bradford, West Yorkshire, England. It is a member of the Building Societies Association. The society also owns the Chelsea Building Society a ...
. It also has funding from the Greater Manchester Housing Investment Fund. It has set up a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
with
Galliford Try Galliford Try plc is a British construction company based in Leicester, England. It was created through a merger in 2000 of two businesses: Try Group, founded in 1908 in London, and Galliford, founded in 1916. Formerly involved in house-buildi ...
to build homes in
Partington Partington is a town and civil parish in the Metropolitan Borough of Trafford, Greater Manchester, England, south-west of Manchester city centre. Within the boundaries of the historic county of Cheshire, it lies on the southern bank of the M ...
next to
Carrington Moss Carrington and Carington are surnames originating from one of the Carrington (disambiguation)#Places, Carringtons in England, or from the town of Carentan in Normandy, France. It is also rarely a given name. Surname Scientists *Alan Carrington (19 ...
. About 500 will be sold and 74 will be available for shared ownership or affordable rent. In 2019, L&Q acquired THT.


Community work

It set up the award-winning Limelight centre in
Old Trafford Old Trafford () is a football stadium in Old Trafford, Greater Manchester, England, and the home of Manchester United. With a capacity of 74,310 it is the largest club football stadium (and second-largest football stadium overall after Wemb ...
in 2017. In 2018 it was part of a scheme with Great Places Housing Group,
Trafford Council Trafford Council is the local authority of the Metropolitan Borough of Trafford in Greater Manchester, England. It is a metropolitan district council, one of ten in Greater Manchester and one of 36 in the metropolitan counties of England, and pr ...
, and Irwell Valley Homes to turn unoccupied office space into night shelters for homeless people and donated £5,000 for essential items.


References

{{reflist Organisations based in Trafford Housing associations based in England