LONDON — Britain’s first LGBT+ retirement community is to open in London later this year, after securing a multi-million-pound loan from the city’s mayor, a housing association announced on Tuesday.
Tonic Housing said the 5.7-million ($7.9-million) loan from the Greater London Authority will help buy 19 properties in the Vauxhall area in the south of British capital.
Sales of the one- and two-bedroom homes on the top flour floors of the Norman Foster-designed Bankhouse development on the banks of the River Thames will begin in the coming months.
They will be sold under the shared ownership scheme that allows those with modest budgets to buy a share of a property from a non-pro…
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