Resonance launches £20m social investment property fund to tackle homelessness

Fundraising target set at £100m

Pedro Gonçalves
clock • 3 min read

Impact investment company Resonance has launched a social impact homelessness property fund to help the homeless across Greater Manchester.

The fund works by acquiring properties and leasing them to the housing sector and homelessness charities, to provide individuals and families at risk of homelessness with a settled home. Resonance joined forces with Manchester-based ethical lettings agency Let Us as the fund will initially focus on purchasing affordable homes in the Greater Manchester region before expanding nationally. The fund aims to grow to £100m over its lifetime and provide around 870 affordable homes across the UK. Diversity Blog: Willis Towers Watson calls for 'collective effort' from industry to address di...

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