The story behind the fund
The Resonance Supported Homes Fund is a residential property fund being launched by Resonance, in partnership with a number of leading learning disability and mental health charities (“Charity Partners”). The Fund will invest directly in residential property nationwide, in order to house individuals with learning disability and/or mental health problems.
This is something which is in very high demand, given that many of these people are living in inappropriate accommodation such as assessment and treatment units.
The impact of these learning disability charities to reliably scale up the provision of good care and housing in the community for this group is huge, and current property investment structures are not tailored to their needs.
The Fund will be targeting a first close in early 2020 at around £20-£30m and is currently taking expressions of interest from qualifying investors.