THIS FUND IS FOR INSTITUTIONAL AND CERTIFIED SOPHISTICATED INVESTORS

About the fund

National Homelessness Property Fund 2 (NHPF2) was launched to increase the supply of safe, decent and affordable homes for people experiencing or at risk of homelessness in the UK. Initially, the fund’s focus was on providing homes in the Greater Manchester region, but it further expanded into other regions, including: Bristol, Oxford, London, Merseyside and Gloucestershire.

NHPF2 is our first institutional property fund, based on our 4 previous pioneering funds that helped us develop our model*.

It acquires and refurbishes homes, which are then leased to its expert housing partners who provide settled housing for tenants, and, where needed, access to support services that help people rebuild their lives and move towards long-term housing stability. This can include access to tenancy, financial, health and wellbeing and employment-based support.

And as a place-based social impact property fund, it's providing an opportunity for institutional investors - including 5 local authorities and 5 pension funds - to invest affordable housing in the geographical area of the UK within which they operate, enabling them to make regional social impact on local housing crises.

Year launched

2021

Total capital raised

£174 million from institutional, local authority, pension fund and impact investors

Properties in portfolio so far

Over 350 homes

Locations

London, Greater Manchester, Merseyside, Oxford, Bristol and Gloucestershire

Number of people housed so far

Over 700 people

READ OUR LATEST SOCIAL impact report 

*Our earlier 'Pioneer' funds were also invested in by professional / institutional investors, including local authorities opting up to professional client category, but were developed prior to pension fund investment and used to develop the model at smaller scale in specific geographies.