Published: 30th May 2019

Social and Sustainable Capital (SASC) has launched a new fund, which will help charities build homes for vulnerable people and their families. The Social and Sustainable Housing LP was co-designed with charities to ensure demand for investment, and SASC is already working with a number of organisations looking to access funding in the coming months. The fund is launching with over £26m in commitments from 19 investors, including the Social Investment Business and Big Society Capital who provided the capital for SASC’s two initial funds in 2014. In addition to SASC’s original investors, the fund has attracted investment from Garfield Weston Foundation, CCLA Investment Management, The Esmée Fairbairn Foundation, Tudor Trust, City Bridge Trust, University of Edinburgh, Power to Change, Trust for London, Adlib Foundation and Barrow Cadbury Trust. ‘We are proud to have created an innovative investment structure in housing that appeals to both borrower charities and investors. The fund … (To read the full article, subscribe below)