The loan will be used to maintain its development programme, expand the number of affordable homes it offers for rent, and increase the availability of shared ownership houses in Hertfordshire, Bedfordshire and Buckinghamshire.

Hightown is aiming to build a further 1,000 homes for those most in need by 2022.

David Bogle, chief executive at Hightown Housing Association, said: “The support from NatWest means we can continue to tackle the housing and homelessness crisis by providing affordable homes together with a wide range of housing and support.

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“Our focus has been on delivery in line with our strong social purpose. 

“We believe that, by developing decent homes and supporting people to live with confidence, independence, and choice, our work delivers a tangible positive impact for local communities.”

Dharmesh Patel, associate director at NatWest, commented: “At NatWest, we are committed to supporting housing associations across the country. 

“As one of the fastest growing housing association in the UK, Hightown Housing is providing essential, affordable homes for those most in need and the funding we have provided will help it meet its expansion target.”