Intervention: Oxford and Banbury
Fund: Social and Sustainable Housing
Date of Investment: October 2021
Impact Area: Housing and local facilities
Beneficiary Group: Homeless people, People living in poverty and/or financial exclusion
Homeless Oxfordshire is the largest supported accommodation provider for homeless people in Oxfordshire. Through 11 innovative housing projects, the charity provides a range of support to help people rebuild their lives. At present Homeless Oxfordshire supports 220 single homeless people in Oxfordshire.
They provide a range of housing with high quality support, creating individual solutions to individual need; encourage and support homeless people to take up training, education and activities.
The loan enables Homeless Oxfordshire to purchase 5 properties across Oxford City and Banbury that will provide housing for rough sleepers with varying support needs. These owned properties will primarily replace rented bed spaces in less suitable parts of Oxford.
Providing affordable accommodation to overcome rough sleeping in Oxfordshire.
Vulnerable adults and young people with complex needs
The loan will provide safe and affordable accommodation for rough sleepers in Oxford and Banbury
The loan enables Homeless Oxfordshire to offer supported accommodation to vulnerable people with complex needs.
Homeless Oxfordshire have a strong position in the Oxford market as the only provider of hostel accommodation and with strong links to Oxford City and County Councils.
Oxford is a very expensive and problematic area for the homeless. The loan from SASC will be transformative. We will be able to purchase homes in Oxford and Banbury some of which we currently rent and move away from our reliance on private landlords. This means we can improve the quality of our accommodation, buy in better locations and ensure there is support to help people get back on their feet.
Jo Faulkner-Harvey, Head of Fundraising and Communications
