Housing company "making history" with UK's first LGBT+ retirement village
A London housing company has announced that it has received a £5.7m loan to open the UK’s first LGBT+ specific retirement community.
Tonic Housing has received the multi-million pound loan from the Mayor of London for the purchase of 19 homes in Vauxhall.
The homes will together form a community to support elderly LGBT+ people who are at retirement age or older.
The houses, within One Housing Bankhouse, are set to go up for sale in late spring this year, with the first residents expected to move in this summer.
Anna Kear, CEO of Tonic Housing, commented: “We are making history today, realising a long-held dream to provide a safe place for older LGBT+ people to live well, in a community where they can be themselves and enjoy their later life.
“We applaud the Mayor of London for recognising and supporting the needs of older LGBT+ Londoners.
“We intend this to be the first of many Tonic retirement communities, achieved by working in partnership in London and other cities.”
“These first homes, which are already built and currently empty, will enable people who need and want this accommodation to have the benefit of it immediately.
“Working with One Housing, we can complement the excellent care services that they provide for residents in the scheme.
“We intend that future Tonic schemes will provide a range of tenures directly, created through further acquisitions or new developments. Bankhouse is an important milestone in Tonic’s evolution.
“We’re so excited to get our future residents settled in their new homes and living in our community. Moving in is just the beginning!”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025