THIS FUND IS FOR INSTITUTIONAL AND CERTIFIED SOPHISTICATED INVESTORS

About the fund

The Resonance Supported Homes Fund was launched to address the shortage of the right housing for people with learning disabilities and autisic people. Too many people are being housed in inappropriate housing, sometimes in local authority areas miles away from their families and friends, and many are stuck living in long-term hospital inpatient facilities where personal, health and societal outcomes are very poor and individuals face multiple barriers to discharge.

In response to this, one of the fund's main objectives is to increase the supply of high-quality supported housing and improve outcomes for people what are too often underserved by the housing system. The fund raised £15.2m from 4 impact investors, enabling it to acquire, refurbish and adapts homes to meet individual tenant needs, enabling people to live independently in their communities, close to family, friends and local services.

Properties are leased to the fund's 2 specialist housing partners - United Response and Golden Lane Housing - who provide tenancy and housing management and personalised support, helping tenants live with greater choice, independence and stability.

Year launched

2020

Total capital raised

£15.2m

Properties in portfolio 

35 properties (that can house up to 70 tenants)

Locations

Clusters in Greater Manchester, Oxfordshire and Nottinghamshire, and other dispersed locations across England

Number of people housed so far

60 people housed and supported to live with independence

Read the fund's latest social impact report

“As demand for supported living accommodation in the county grows and as people live longer, it is through programmes such as this one that we are able to provide the support needed. We will empower people to live the lives they want to lead, in their communities, close to their friends and families, and with as much independence as possible.”
Councillor Jenny Hannaby, Oxfordshire County Council’s Cabinet Member for Adult Social Care

“We are delighted to be working with Resonance and its Supported Homes Fund to provide quality homes that meet the need of individuals. Resonance has a long-proven ability in the housing sector of sourcing properties that are suitable for tenants and long-term operational partnerships with other housing associations. Golden Lane Housing has worked nationally for over 25 years providing specialist accommodation. The work Golden Lane Housing and the fund will be carrying out together, will ensure it contributes to addressing the great need for supported housing for people with learning disabilities and autistic people across Oxfordshire.”

John Verge, CEO, Golden Lane Housing