Social and Sustainable Capital (SASC) has provided a £1.355 million investment from its Social and Sustainable Housing II (SASH II) fund to P3 Charity (People Potential Possibilities), a national charity and social enterprise supporting more than 80,000 people each year across the UK.
The loan will enable P3 Charity to acquire up to nine properties in Rugby, Warwickshire, delivering 20 bedspaces for supported housing for people experiencing homelessness and social exclusion.
The homes will provide safe, affordable accommodation alongside in-house and external support, helping individuals stabilise their circumstances and progress towards semi-independent living as part of P3’s homelessness prevention pathway in the area.
This latest funding builds on SASC’s previous £3 million investment in P3 in 2019, reflecting a long-standing partnership focused on scaling supported housing provision and improving outcomes for people at risk of homelessness.
Founded in 1972, P3 Charity delivers rough sleeping outreach, supported housing, homelessness prevention and mental health support services across the UK. Its mission is to tackle social exclusion by creating opportunities for people to belong, grow and thrive, supporting individuals to build stability, access the right support, and move towards independent living.
The new properties in Rugby will strengthen P3’s ability to deliver high-quality accommodation locally, reduce reliance on private landlords, and improve oversight of housing standards while diversifying the availability of supported housing.
Impact in Rugby
The homes will support single homeless individuals across shared and self-contained accommodation. Residents will benefit from secure housing and integrated support designed to improve wellbeing, sustain tenancies, and support progression into independent living.
The investment is expected to enhance local housing stability and strengthen homelessness prevention and support pathways in Rugby.
Clare Chrisp, Chief Financial Officer at P3 Charity, said:
“This investment builds on our long-standing relationship with SASC and allows us to continue expanding our housing provision in Rugby. By increasing the number of properties we own, we can provide safer, higher-quality homes and reduce reliance on the private rented sector. This gives us greater control over standards and stability and ensures the people we support have the best possible foundation to move towards independent living.
Our focus is on supporting people to belong, grow and thrive. Secure housing is a critical part of that journey, enabling individuals to rebuild confidence, access opportunities and take positive steps towards a more independent future.”
Bernice Affat, Chief Executive Officer at Social and Sustainable Capital, said:
“Safe, secure and appropriate housing is the foundation for stability and positive life outcomes. This investment enables P3 to diversify its provision of supported accommodation in Rugby, helping to ensure that vulnerable individuals have access not only to a place to live, but also to the tailored support they need to progress towards greater independence. Strengthening this housing pathway is central to improving long-term outcomes for people experiencing homelessness and social exclusion.”.
About P3 Charity
Established in 1972, P3 Charity is a forward-thinking national charity and social enterprise that empowers individuals to make change in their own lives and become valued and connected members of their communities. Supporting more than 81,000 each year (57,000 of those in partnership with the NHS) and operating across 57 local authorities in the UK, P3 offers services including homelessness prevention, supported housing, mental health recovery and family services.
