Active Prospects is a leading care provider in the South East supporting people with learning disabilities, autism, mental health needs, acquired brain injury and other complex needs.
Established since 1989, Active Prospects primarily operates supported living and residential care facilities in Surrey.
Demand for Active Prospects services is increasing given a push by Government for more care in the community for people with learning disabilities, the organisation’s key area of specialism. A recent Department for Health review outlined some key issues relating to the way in which care for people with learning disabilities has been delivered historically in more institutional settings - too many people were (i) placed in hospitals and stayed there for too long and (ii) experiencing a model of care away from family and friends. Active Prospects’ is well positioned to deliver high social impact given its services are all rated good by the Care Quality Commission and its expertise in supported living. However, in order to meet the increased level of demand, it needs a social investor that can enable the purchase of suitable properties at scale and in a low risk way.
SASC has made a £3.4m investment in Active Prospects, through its Social and Sustainable Housing (SASH) fund. As a result, Active Prospects will be able to purchase and refurbish 5 properties over an 18month availability period. The SASH loan is unique in that it allows organisations to scale in a low risk way, since it has the capacity to absorbs uncertainty around voids, rents and house prices, risks that would normally sit with the borrower.
The SASH loan will enable Active Prospects to offer 18 additional housing placements to people with learning disabilities, physical and mental health needs, enabling them to live full and aspiring lives. Active Prospects plans to purchase new homes for people in partnership with Surrey County Council as well as Crawley West Sussex, which will expand its geographical reach.