Tag: SASC

Edinburgh University investment boost for social housing

Stuart Mitchell

The University of Edinburgh is investing £1 million in charities and social enterprises who support people at risk of homelessness. The money will be invested through social investor, Social and Sustainable Capital’s Social and Sustainable Housing Fund II (SASH II). SASH II is a socially positive investment fund that gives investors the opportunity to create societal benefits alongside a traditional financial return. The fund works by providing loans to charities and organisations to finance the purchase of properties for social housing and grow their own portfolio – something that isn’t…

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SASC invests £1.415 million in Ara Recovery for All to fund properties to house vulnerable homeless people in Bristol

Stuart Mitchell

Ara Recovery for All (Addiction Recovery Agency), a UK charity working with people who are experiencing addiction and mental health issues in Bristol, the South West and Wales, has received a social investment loan of £1.415 million from Social and Sustainable Capital (SASC) to buy properties to house single homeless people. Ara is Bristol City Council’s (BCC) key provider of specialist services for people with addiction issues. This transformative loan from SASC’s Community Investment fund, will enable them to purchase 15 one-bed properties around Bristol for vulnerable people experiencing homelessness,…

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Emerging Futures secures £2.3m loan from SASC to expand and improve supported housing portfolio

Stuart Mitchell

Emerging Futures, a not for profit organisation that provides emergency and transitional supported housing for vulnerable people, including those experiencing   problems with substance  misuse, low level mental health and homelessness,  and/or  involvement with the criminal justice system, has received a £2.3m social investment loan from Social and Sustainable Capital (SASC), from its Social and Sustainable Housing fund (SASH), to expand and improve its portfolio of accommodation. Founded in 2014, Emerging Futures currently provides 233 bed spaces for people across the country leased from private landlords, local authorities, and registered housing…

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Simon Community Scotland receives £5m social investment from SASC to tackle homelessness in Edinburgh

Stuart Mitchell

Simon Community Scotland, an award-winning charity that helps people experiencing homelessness or at risk of homelessness in Glasgow, Edinburgh and Central Scotland has received £5m of social investment from Social and Sustainable Capital (SASC), from its Social and Sustainable Housing fund (SASH) to purchase homes to help vulnerable people move away from homelessness. The charity supports people in Edinburgh through its Streetwork service. Streetwork delivers a range of help and support including responding to people in crisis via a 24-hour helpline, providing services at their Holyrood Hub and delivering outreach…

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