Under regulations, credit unions can invest in regulated funds that make loans for up to 25 years to Tier 3 Approved Housing Bodies (AHBs). These regulations create the opportunity for two community focused sectors to cooperate in addressing the current national housing shortage.
Fairway Advisers provides distribution services for the CU AHB Fund, a genuine ESG investment option for Credit Unions and the first such fund of its kind authorised by the Central Bank to enable credit union investments to be used by Approved Housing Bodies for the provision of much needed social homes.
If you would like to gain further insight into this investment class for credit unions, please make contact with Donal Coghlan at donal@fairwayadvisers.ie or use the contact page to set up a meeting.