A key part of our contribution is conducting and commissioning research, sharing financial and impact data, and communicating our findings. This ensures our work is meaningful to all stakeholders - from our investors, who can see the positive impact of their capital, to local authorities and other partners across the social housing sector, who can understand the broader social and economic benefits delivered.
 

In 2024, Alma Economics produced a report,commissioned by Better Society Capital, estimating the financial and non-financial benefits of Resonance’s Homelessness Property Funds.

The report highlighted both the shortage of good-quality, affordable temporary accommodation and the challenges faced by the public sector in meeting rising demand.

By providing more suitable housing, Resonance reduces pressure on public services while significantly improving lives.

Over the last 10 years (2013 - 2023) the model is estimated to have saved local and central government £104m in spend on temporary accommodation, plus another £36m resulting from reduced costs in healthcare, mental health support and criminal justice services.

Using a similar methodology to the 2024 study, and accounting for the expanded portfolio, the fund is estimated to deliver in the next decade (2025-2035):

In 2025, we re-commissioned the study to assess the impact of the funds from 2025 onwards, reflecting the launch of our new Resonance Housing Pathways Fund in early 2026. This evergreen fund is expected to raise total homelessness property funds under management to ~£800 million and expand the property portfolio to ~3,400 homes by 2030.

• £349 million in local authority savings by providing affordable accommodation for people experiencing, or at risk of, homelessness.
• £196 million in public sector savings through reduced expenditure on healthcare and other services.
• £811 million in wellbeing benefits from more suitable accommodation and improved living conditions.

And Social Return on Investment (SROI):

• £1.9m per £10m invested per year
• £18.5m per £10m invested over 10 years

These findings demonstrate how targeted social investment through the fund can address homelessness, relieve pressure on public services, and deliver significant social and economic impact.

Read the report.