Resonance Community Developers is a social impact fund that works with communities to deliver the assets they need to develop and become more resilient.

We will invest in community-led projects designed to provided:

- Affordable home
- Sports and/or leisure facilities
- Renewable energy generation

We invest mainly in Community Benefit Societies, and can help from the start of the project right through to completion, with:

- Financial support for pre-development feasibility and land acquisitions
- Development finance

Resonance Community Developers has started investing in community projects across three initial areas: Cornwall, Gloucestershire and the North West.

Key Facts

• IMPACT FOCUS: Community resilience and empowerment to meet local needs 
• WHAT WE FUND: Community-led affordable housing, sports & leisure facilities and renewable energy generation
• AMOUNT: Up to £3m
• COST: Terms available on application
• TERM: 3 years

About Community Benefit Societies 

Community Benefit Societies are a great way to deliver community-led asset projects. We have chosen this as the main legal structure for Resonance Community Developers to invest into, as it offers the following benefits:

- Enables community shares to be issued
- Income and assets are locked into the Communty Benefit Society so profits can be recycled by the community
- Multiple projects can be delivered through the Community Benefit Society so legal structures are not replicated to deliver additional projects
- Resonance Community Developers can work with communities for the long-term investing in different types of projects as needs change