Since its launch earlier this year HBFI has been actively engaging with small and medium sized builders and developers throughout the country through a range of market awareness raising initiatives. HBFI continues to benefit from a strong pipeline of interest from prospective borrowers as a result of these engagement activities.
The drawdown of funds relating to the first facilitates approved has already commenced with HBFI having approved a number of additional facilities since April. HBFI will publish information on its lending activities on a half-yearly basis with the first such report to be published next week.