Affordable Homes Rental Fund

Debt fund supporting community-led housing projects.

Broadhampton
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The Fund provides loans to Community Land Trusts and other community groups that are undertaking affordable housing projects. The Fund enables community land trusts to increase the supply of affordable rented housing, meaning that those in need of affordable accommodation can remain in their communities.

Community groups often struggle to access mainstream finance due to a lack of track record or the availability of assets to act as security.

  • Fund size

    £3.8 million
  • Big Society Capital commitment

    £2.5

Key information

  • Geography

    UK wide
  • Investment type

    Enterprise debt
  • Fund manager

    Resonance
  • Investment status

    Current
  • Investment date

    2012
  • Term

    10 years

Impact

  • 38

    Number of housing units

  • 86 adults, 57 children

    Number of people housed

  • 24 months

    Average tenancy length

Sustainable development goals

  • 3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
  • 8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • 11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable
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Freddie Waite

Investment Director
Talk to me about:
Homes and public services