Resonance Supported Homes Fund

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

Key info

  • Geography

    UK wide

  • Asset class

    Property

  • Fund manager

    Resonance

  • Investment status

    Current

  • Investment date

    2020

  • Term

    Evergreen

alt=

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 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 alongside housing and care providers Reside Housing Association and United Response. Key aspects are the person-centered 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.

Sustainable development goals

  • 3: Good Health and Well-being
  • 10: Reduced Inequality
  • 11: Sustainable Cities and Communities