Apex is the third largest regulated housing association in Northern Ireland, managing over 7,000 homes. Regulated by the Department for Communities, it delivers a diverse range of tenures, from general needs accommodation to specialist housing and support services for vulnerable communities.
The new finance package, arranged with the support of Sensus Financial Advisory Ltd, underpins Apex’s continued commitment to sustainable development. Starting in 2024, all new homes developed by Apex will target a minimum EPC (Energy Performance Certificate) rating of ‘A’, while striving to achieve over 90% of existing stock upgraded to at least EPC ‘C’.
Roderick Canning, Finance Director at Apex, said: “Securing this facility from Danske Bank significantly strengthens our financing framework and will help us build more new homes across Northern Ireland. It reinforces our commitment to providing safe, energy-efficient, and sustainable homes for our communities.”
Apex's strategic plan, 'More than Housing' (2023-26), focuses on five priorities: sustainable communities, high-quality energy-efficient homes, quality supported living, an efficient organisation, and skilled people. Key aspects include building more sustainable homes, fostering community development and tenant engagement, and promoting energy efficiency to combat fuel poverty.
Claire McKeown, Corporate Relationship Manager at Danske Bank said: “We are delighted to provide this significant financial package to Apex to support them in the development of new energy efficient homes and investment in its existing housing.
“Danske Bank has been a leading provider of finance to the social housing sector in Northern Ireland for many years and we want to continue to help the sector to thrive and meet the needs of people across Northern Ireland. This funding underscores our commitment to sustainable development and supporting communities across Northern Ireland.”
