A new chapter for SASC
Benjamin Rick, co-founder of SASC, has today stepped down as CEO. SASC was founded in 2012 by Ben and Adam Knight. Ben and Adam believed that there were many charities in the UK that could do more to support disadvantaged people if they had access to the right kind of finance. Over the last eleven […]
SASC Team Highlights 2022
Reflections on 2022 and a look ahead to next year
SASC invests £2m in North East charity Handcrafted to develop its supported accommodation services
Handcrafted, a charity that helps disadvantaged and socially isolated people in Durham, Gateshead and Chester-le-Street, has received a social investment loan of £2m from Social and Sustainable Capital (SASC) to expand its supported housing services. The loan from SASC’s Social and Sustainable Housing fund (SASH) will enable Handcrafted to purchase 23 properties and house at […]
SASC invests £2.8m in The Benjamin Foundation to buy properties for young people facing homelessness in East Anglia
The Benjamin Foundation, a charity that supports young people and families across Norfolk and Suffolk to overcome big challenges in their lives, has received a social investment loan of £2.8 million from Social and Sustainable Capital (SASC). The loan from SASC’s Social and Sustainable Housing fund (SASH) will enable The Benjamin Foundation to buy 10 […]
SASC launches SASH II, its second fund delivering supported accommodation across the UK
Social and Sustainable Capital (SASC) has launched its second housing fund, Social and Sustainable Housing II (SASH II) with almost £35m of commitments. The fund will allow SASC to continue providing loans to best in class social landlords. With a target size of £125m, the fund aims to help over 30 organisations purchase 1,000 properties, […]
SASC’s response to the Exempt Accommodation report from the Levelling Up, Housing and Communities Committee
Social and Sustainable Capital (SASC), welcomes the report by the Levelling Up, Housing and Communities Committee into exempt accommodation. We urge the government to act on the recommendations made in this report as a matter of urgency. The type of supported housing known as Exempt Accommodation (EA) is a vital service for some of society’s […]
A social investment journey – the team at CCP tells us what they have learnt since taking their first loan
Caring for Communities and People (CCP) took a £2.85m loan from SASC in 2020 to buy housing for vulnerable young people. This autumn they bought their final property using this investment. The team at CCP used this milestone as an opportunity to reflect on the impact that social investment has had and what they learnt […]
SASC makes third investment of £2m to Target Housing to support people at risk of homeless in Yorkshire and the Humber
Social and Sustainable Capital (SASC) has made a third investment of £2m to Target Housing, a charity and social landlord working with vulnerable groups across Yorkshire and the Humber. Established in 1990, Target Housing provides accommodation and support to vulnerable and homeless people who have difficulties sustaining a tenancy. This includes people with complex needs, […]
Why alternatives to prison are needed for women. A blog by Lady Edwina Grosvenor, Chair of One Small Thing
Hope Street is a trailblazing new alternative to prison for women Lady Edwina Grosvenor is an inspirational philanthropist and tireless prison reformer and the founder and Chair of One Small Thing, a charity dedicated to redesigning the justice system for women and their children in a way that can be replicated and scaled up across […]
SASC invests £2.7m in Welsh domestic abuse charity Thrive Women’s Aid
Thrive Women’s Aid, a charity that has supported women and their children affected by domestic abuse in Neath Port Talbot for 42 years, has received a social investment loan of £2.7 million from Social and Sustainable Capital (SASC) to modernise and transform its accommodation and support services. The loan from SASC’s Social and Sustainable Housing […]
SASC launches its 2021 Impact Report
September 28, 2022 by sascadmin
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