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Across our North American development projects, in Washington, D.C., City Homes (completed) and Margarite (under construction), we are delivering 305 homes, of which 33 will be affordable. A further 163 homes will be delivered through our development at 1951 Shattuck (under construction) in Berkeley, California.
Through our Structured Development Finance (SDF) programme, Waterfront Station II (under construction) in Washington, D.C., will deliver 180 homes, with 136 at below market rent, more than twice above city requirements.
Altogether, the six projects currently under construction in the SDF programme will deliver 1,515 needed homes in the US and Canada.