The Church of England’s First Social Impact Investment to provide housing for vulnerable women

The Women in Safe Homes fund is a joint venture between fund managers Resonance and Patron Capital, working in partnership with specialist organisations to provide safe, stable and affordable homes for vulnerable women and their children who are homeless or at risk of homelessness. The fund aims to house 6,000 women over its lifetime.

The Social Impact Investment Programme, was established within The Archbishops’ Council earlier this year with £16 million of grant funding from the Church Commissioners for England. The programme exists to deploy social investment capital to advance the Church of England’s missional objectives and will support projects which share the Church of England’s Christian values and benefit society.

This first investment will support the purchase and refurbishment of properties which are then leased to women’s support organisations who in turn, let them at affordable rates to vulnerable women at risk of homelessness, whilst also providing them with individualised and specialist support. Many of these women will have been victims of domestic abuse or victims of exploitation or are leaving prison. Safe and stable accommodation is critical to helping them rebuild their lives. There are many Church of England and other faith-based organisations working with vulnerable women and this investment further supports their mission.

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Posted in Church of England (CoE), Housing/Real Estate Market, Women