Helping local families – successful partnership with St Albans District Council

The agreement between St Albans District Credit Union and St Albans City and District Council has resulted in a marked growth in loans to assist local families into private sector housing.

During the latest financial year,  47 of these loans were made, with a value of £95,023 (up 167%). The increase was helped by a change of policy by the Government which requires the Council to house some single people as well as families. Discussions continue with the Council regarding any changes to the agreement necessitated by this policy.

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