The ESG metrics embedded in the loan underpin VIVID’s vision for ‘More Homes, Bright Futures’, sustainability, and maintaining the highest standards of governance.  

This new facility allows VIVID to continue at pace to improve existing homes and build new energy efficient homes for our customers, at a time when there is an increased need and demand.

The loan has KPIs to reinforce its commitment to meeting housing need in a sustainable way.

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Duncan Brown, CFO at VIVID, said: “We’re pleased to be able to have secured this facility to continue to help us create homes and environments that have our customers at the heart.”

Heidi Billington, director of property finance and public sector lending at Nationwide, said: “We are delighted to welcome back VIVID as a customer of Nationwide and supporting them through the provision of a new 10-year SLL facility.

“We look forward to working with this highly regarded provider of affordable housing and growing the relationship to support VIVID achieve its ambitions in the coming years.”