Resonance Supported Homes Fund

Property fund to enable independent living for people with a learning disability, autism or mental health issues.

Resonance
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The challenge

There is an increasing number of people with a learning disability who need care and suitable housing in the UK. Many of those who already receive care are in inadequate and expensive accommodation outside of their communities, despite the clear and longstanding evidence that living independently with support in the community has a positive impact on health and well-being.

Our approach

Resonance has co-developed this fund, working with housing and care providers, Reside Housing Association and United Response. Key aspects are the person-centred approach to sourcing and adapting properties, co-designed lease agreements, and sharing the risk between fund and provider.

The Fund

The Fund will buy, refurbish and adapt residential properties which will then be leased to supported housing providers within the sector. Lease payments provide investors with an annual yield, who also benefit from any capital appreciation on the value of the properties.

  • Fund size

    £10.25 million
  • Big Society Capital commitment

    £5 million

Key information

  • Geography

    UK wide
  • Investment type

    Property
  • Fund manager

    Resonance
  • Investment status

    Current
  • Investment date

    2020
  • Term

    8 years

Sustainable development goals

  • 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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Freddie Waite

Investment Director
Talk to me about:
Homes and public services