Resonance, one of the UK’s leading social impact investment businesses, announces the launch of the Resonance Supported Homes Fund (‘The Fund’), which aims to provide a solution to the acute housing shortage that leaves thousands of adults with learning disabilities, autism and mental health problems living in inappropriate housing and remaining on long waiting lists.
- Initial investment of over £10 million in the first close of the Fund: Greater Manchester Combined Authority invests £5 million, Big Society Capital the UK’s leading social impact investor invests £5 million and social justice foundation & Barrow Cadbury Trust, invests £250,000
- First partners are learning disability charity United Response and learning disability housing provider Reside Housing Association
- Fund now open to further investors and for partnering with other learning disability, autism and mental health charity partners and housing associations.
Working alongside Reside Housing Association and United Response, Resonance has co-designed a sector-wide solution for supported housing need, with initial social investment support from Greater Manchester Combined Authority, Big Society Capital and the Barrow Cadbury Trust. Read full press release.