Suffolk Housing has been helping to meet local people’s housing needs since 1974. Now with over 2500 homes we completed our first housing in 1976, 18 flats at Steward House, Bury St Edmunds. For some time after we were formed the Board of Management ran the organisation on a day to day basis. This changed in 1982 when we appointed a staff team and opened our first offices in Jubilee Court, Bury St Edmunds.
Our first loan of £5 Million for building new homes in 1982 meant new and rapid growth. We were outgrowing our offices so, converted them to housing and moved to a new home in St Botolph’s Lane.
Building new homes remained our focus and in 1997 we completed our 1000th new home. In 2000 we established Linnet, our private rented subsidiary, to help those who wanted rented homes in the private sector to obtain good quality accommodation in partnership with local landlords.
Growth in new homes continued and in 2004 we set up Iceni Homes with two other housing associations to drive development across East Anglia. Iceni has now built its 1000th home and Colne and Hundred Houses Society remain our partners in this today.
In 2007, working with 7 other East Anglian Housing Associations, we set up “Eastern Procurement” a consortium that bulk buys goods and services including things like Kitchens and Bathrooms to get better value for money. This has now become a company in its own right trading as EP Ltd and currently saves Suffolk Housing some £200,000 per year in procurement costs.
In 2011, we reached 2000 homes in management and have increased steadily to over 2500 in 2013.
In 2012 having established a new mission and values (see Values in the “About” section of this website) Suffolk Housing Society re branded under the name “Suffolk Housing” and in the process received a whole new look and feel. 2012 also saw Linnet Homes, moving to a shop front on Angel Hill, Bury St Edmunds and entered the sales market in 2013.
Also in 2013, Suffolk Housing sought planning permission to develop a small number of homes for outright market sale and undertook a major purchase of over 450 homes from another association. To achieve this and continue developing new homes, in contrast to its first loan in 1982, it obtained private placement finance with Canada Life for £20,000,000 and at the same time borrowed a further £15,000,000 from Lloyds.
2014 was our 40th Anniversary and in 2016, after a 2 year build, we moved into our new purpose-built HQ at Coppice House, 5 Greenwood Court, Bury St Edmunds, IP32 7GY. Here our staff work in an agile way to allow them to carry out the work Suffolk Housing does in a more efficient manner. We also refreshed our Vision; “To improve lives and opportunities by being a great landlord and employer,” and our Mission; “To provide great places for people to live.”