The forward funding agreement is the first transaction made by the two parties since they partnered to establish an affordable housing fund management platform in November 2024.

Made on behalf of the Gresham House Thriving Investments Residential Secure Income LP (ReSI LP), this funding is being provided to the Clapham Park Regeneration Estate.

The 122 homes are supported by a grant from the Greater London Authority.

A joint venture between Vistry’s Countryside Partnerships and Metropolitan Thames Valley Housing Group (MTVH) will act as the developer.

These homes will be scheduled for completion by the Winter of 2026/2027.

The Clapham Park Regeneration project began in 2005 and has so far delivered 1,500 homes with an approved masterplan to deliver over 2,500.

Currently, Countryside Partnerships and MTVH have over 840 homes under construction.

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"London is experiencing a severe shortage of affordable housing, and this investment aligns with both the UK government's appeal for institutional collaboration in housing growth, aiming to accelerate the delivery of affordable, high-quality, and energy-efficient homes, as well as the Fund’s social impact commitment,” said Ben Fry, fund manager of the Gresham House Thriving Investments Residential Secure Income LP.

"Alongside the GLA’s grant support, which is critical in enabling us to achieve shared ownership status for the new residential units, the investment also continues our longstanding relationships with both Vistry and MTVH. Clapham Park represents a landmark development in our journey toward building a £1bn+ shared ownership portfolio over the next five years."

Matt Painter, development director at Thriving Investments, added: “his project reflects our commitment to advancing additionality residential developments through forward funding.

“With our first transaction now complete, we are focused on the future and are eager to collaborate with developers who share our vision for delivering affordable, shared-ownership housing. We have the capital and the drive to pursue further partnerships that align with our mission of creating impactful residential communities.”