The funds will allow the property developer to start building the latest residential phase of its Climate Innovation District, which will deliver 55 homes and 87 apartments, ranging from one-bedroom flats with a floor space of up to 549 sq ft to four-bedroom family homes of up to 1,406 sq ft.

The development, which sits on the north bank of the river Aire, will also include three penthouses between 1,256 and 1,456 sq ft and 76 car parking spaces.

The homes will benefit from insulation, airtight thermal envelope and a mechanical recovery ventilation system which recycles heat from household appliances, while bringing in fresh air.

The project is the latest of Citu’s schemes financed by Together since 2007.

Once complete, the entire Climate Innovation District will comprise 1,000 new low carbon, timber-framed homes, as well as climate-conscious leisure, offices, a primary school and a care home.

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Ian Pickering, head of development funding at Together (pictured above, right), said: “Citu has an amazing vision, which in many ways, ties in with our own as a lender in supporting schemes that not only make a massively positive difference to the immediate local community, but which also have a positive effect on the much wider population.

“Our £20m facility will help Citu achieve its ambitions of creating the next phase of their low-carbon and community-focused Climate Innovation District, to breathe new life into this area of previously disused industrial land, while driving new ways of urban living and working.

“Our experienced development finance team showed fantastic levels of service by completing this major deal less than three weeks after visiting the site, and the finance package signals our appetite for future growth in the Yorkshire region.”

Chris Thompson, MD at Citu (left), added: “Our partnership with Together over the last fifteen years has been vital in enabling our business, and the communities we are building, to grow. We are thrilled to continue our collaboration and take the next phase of the Climate Innovation District forwards.”