The Fund will offer finance for registered providers to deliver social and affordable rented housing in the UK, including shared ownership properties, key worker housing and homeless hostels.
The fund aims to generate a positive social outcome by supporting households unable to afford to rent or buy in the open market.
In partnership with Big Society Capital, The Good Economy will develop a social impact framework to ensure impact considerations are part of the investment process.
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Fund size
£250 million -
Big Society Capital commitment
£10 million
Key information
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Geography
UK wide -
Investment type
Property -
Fund manager
CBRE Global Investors -
Investment status
Current -
Investment date
2019 -
Term
Open-ended
Sustainable development goals
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3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages -
10: Reduced Inequality Reduce inequality within and among countries -
11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable
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Other investors
Institutional investors