TUHF launches Sustainable Bond Framework, first social bonds

TUHF, with the assistance of Standard Bank, has launched its Sustainable Bond Framework and first social bonds. TUHF is a non-bank financial services company that borrows money from the capital markets and invests it in inner-city areas, extending finance to small scale property entrepreneurs who want to grow their rental businesses. In particular, TUHF targets property entrepreneurs in the affordable housing market who develop, own and operate buildings in inner-city areas.
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