SASC invests £3.25m in Trinity Homeless Projects in West London to provide affordable homes in Hillingdon

June 13, 2022 by  
Filed under News

Trinity Homeless Projects, a charity in the London Borough of Hillingdon committed to ending homelessness, has received a social investment loan of £3.25 million from Social and Sustainable Capital (SASC) from its Third Sector Investment Fund (TSIF). This is the first time Trinity taken on social investment and it has enabled them to purchase and […]

SASC invests £2.05 million in London-based Peter Bedford Housing Association to support socially excluded adults

May 24, 2022 by  
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Peter Bedford Housing Association (PBHA), which provides housing and support services to people who have suffered social exclusion in Hackney and Islington in London, has received a social investment loan of £2.05 million from Social and Sustainable Capital (SASC). Set up in 1971, PBHA is a Registered Provider (Housing Association) and provides housing with support […]

My time at SASC

April 22, 2022 by  
Filed under Blogs

Over the past 18 months, the team at SASC has grown by almost 100% with new finance and legal staff, and expanded investment and portfolio management teams.  At SASC we encourage our staff to grow, develop their careers, and feel proud of being part of a company that works with outstanding frontline and community organisations. […]

Comparing models for financing Transitional Supported Housing (5)

March 23, 2022 by  
Filed under Blogs

Transitional Supported Housing (TSH) involves providing two different services, as the name suggests. Support and housing are quite different things and providing them involves different skills and different types of finance. In the past they have often been separated, so that one organisation provides the housing and another provides the support services. This can make […]

Social and sustainable: why owning can be better than renting for supported housing providers (4)

March 14, 2022 by  
Filed under Blogs

Supported housing is one of the most vital parts of the social safety net, but also one of the least-well understood. It combines appropriate support services with decent, stable homes for people who need some support to lead independent lives – and so saves a fortune on more expensive acute services. The majority of supported […]

Hidden Charity Champions (3)

March 10, 2022 by  
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An under-recognised cohort of local supported housing charities is already doing the hard work of levelling up – and could do a lot more. This government staked its political future on ‘levelling up’ Britain – meaning reducing geographic inequalities by improving left behind places and the lives lived in them. As the recent Levelling Up […]

Housing crisis? Which housing crisis? (2)

March 7, 2022 by  
Filed under Blogs

In the second of our series of blogs about the Transitional Supported Housing (TSH) sector we outline how this critical but small part of the overall housing sector often gets lost in the ongoing debate about the general needs housing crisis.   Everyone knows there is a housing crisis – or rather, that there are […]

A new way to finance supported housing (1)

March 7, 2022 by  
Filed under Blogs

Wee are publishing a series of blogs covering  the specific role and importance of Transitional Supported Housing (TSH) as a subsector of the supported housing market. These articles show how our fund Social and Sustainable Housing (SASH) addresses the needs of the organisations working within the sector. SASH was launched in 2019 after conversations with […]

Social and Sustainable Capital seeks housing charities in Southwest England to benefit from new £125m housing fund

February 28, 2022 by  
Filed under News

According to Shelter[i], one in 206 people are homeless in England and every region has its own issues. Bristol recorded the second highest number of street homeless nationally at the 2020 national Rough Sleeper Street count and was one of two cities outside London with the highest number of people in temporary accommodation. Gloucester and [...]

SASC appoints Simon Sotomey as Chief Financial Officer

February 17, 2022 by  
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Social and Sustainable Capital (SASC) has expanded its senior team with the appointment of experienced finance professional, Simon Sotomey as Chief Financial Officer to lead the finance and operations functions which were merged last year. Simon joined SASC in July 2021 as interim CFO and has now taken on the role permanently. He has substantial [...]

A focus on growth as we celebrate achievements in 2021

December 20, 2021 by  
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As 2021 comes to an end, we reflect on some highlights over yet another challenging year due to the pandemic and look ahead to exciting developments for the New Year. Our fourth Impact Report published in February, aptly titled ‘Resilience & Opportunity in a time of uncertainty’ highlighted strong growth and increased investor interest and [...]

Homes for Good receives £3.5m further investment from SASC to grow property portfolio in Scotland

December 6, 2021 by  
Filed under News

Homes for Good, Scotland’s first social enterprise lettings agency, which specialises in supporting people on low incomes and with limited housing choice, has received a £3.5m investment from Social and Sustainable Capital (SASC) to grow its property portfolio. This is SASC’s second investment in Homes for Good, which will use the funds to purchase up […]

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