Resonance Limited

Resonance Community Developers is supporting communities through much-needed affordable housing initiatives. In Yorkshire, YorSpace, City of York Council, residents, and local professionals are working together to create low-cost sustainable homes. With a £2.5m investment from Resonance Community Developers, YorSpace is developing fourteen affordable low-carbon homes at Lowfield Green. CEO Laurie Smith states, “We are delighted to be working in partnership with the team from Resonance Community Developers, whose shared social aims and values align perfectly with our own.” Read more about what this investment has enabled YorSpace to achieve: https://ow.ly/BLTo50TV6fV #SustainableHomes #SocialImpact #LowCarbonLiving #HousingInitiatives #CommunityPartnerships

We are delighted to share Greater Manchester Pension Fund’s (GMPF) annual assessment of the place-based impact of its local investment portfolio – a report commissioned by The Good Economy and that includes Resonance’s National Homelessness Property Fund 2 (NHPF2) as one of its place-based impact investment case studies – as of 31 December 2023.   GMPF invested £20m into NHPF2 as part of the fund’s focus on providing homes in Greater Manchester for people facing housing crisis, addressing the severe shortage of affordable homes in the region. The fund has partnered with three housing partners in this region to provide tenants with not only a decent and affordable home but with access to specialist support services, too.   Two of its housing partners in Greater Manchester are Stockport Homes Group (SHG) and Salix Homes. At the time of the reporting period (to end December 2023) NHPF2 had purchased and refurbished 62 properties in and around Stockport and Salford for these partners, providing tenants with stable homes and the chance to start rebuilding their lives. This includes families that had been living in temporary accommodation and people experiencing rough sleeping, providing them with a pathway out of homelessness.   Read the full report here: https://lnkd.in/eNM3hKHb

The Women in Safe Homes fund's first property with housing partner Ella's has been handed over. This landmark property adds to the 78 properties that have been purchased by the fund for its nine housing partners so far. This property, which has undergone energy improvements, refurbishments, and is positioned well within the local community, will be a much-needed home for women facing housing crisis. To date, over 260 women and children have been provided with a safe home to live in by the fund – this home will be a shared home for two more women who have faced trauma. Read more about this property handover here: https://ow.ly/MUny50TAf1G #WomenEmpowerment #HousingCrisis #SafeHomeForAll #SupportSurvivors #EndHomelessness #EmpowerWomen Patron Capital

An independent Alma Economics report released earlier this year, commissioned by Better Society Capital, estimated that our five homelessness property funds could save local and central government, £223.6m in temporary accommodation, and £88.2m in public services by 2035. That is a total estimated saving of £311.8m. Additionally, the report showcases the positive social impact created through our homelessness property funds, which over the past ten years have housed over 3,300 individuals and families, in over 1,000 homes. Read the full Alma Economics report here: https://ow.ly/RzJB50TzQkJ #SocialImpact #EconomicReport #HousingSolutions #ImpactInvesting

We recently caught up with Rosie Phillips, Chief Executive of Developing Health & Independence (DHI), one of our National Homelessness Property Fund 1 and 2, housing partners, based in the South West. So far, the funds have purchased 136 properties in Bristol. DHI manages and supports the tenants living in them, many of whom had experience of living in temporary accommodation and rough sleeping. Over 400 people, including around 150 children, have been housed and supported since this partnership began. We spoke to Rosie to find out why DHI partnered with our funds and the impact decent and affordable housing has on the lives of people who had been experiencing homelessness. Read more here: https://ow.ly/YljK50TQxK5 #Homelessness #SocialImpact #Bristol

Are you looking for a new role as a Funds Financial Controller? Resonance Limited are recruiting a dynamic candidate to assist and work with their Finance Director. The new Funds Financial Controller will join their growing, friendly team in Cornwall. #Hiring #PensionsforPurpose https://ow.ly/PFjN50TQuwp

In our recently published Resonance Community Developers Social Impact Report 2023/24 we explain how the fund is designed to support communities to create and own assets that meet local needs and help build community cohesion, by investing in affordable homes, clean energy projects and sports facilities. So far, the fund has: - committed £9.35m, - invested in or made investment offers to 28 community groups, - in 10 English regions Read more about how this fund’s innovative support means we are working in partnership with communities to help them find solutions to some of the local challenges they face: https://ow.ly/Vel950TMzi1 #SocialImpact #AffordableHousing #CleanEnergy #LocalSolutions #CommunityDevelopment

A combined £550m (€659m) of planned investments by Schroders, Man Group and Resonance Limited to tackle the UK’s housing crisis were highlighted by the UK’s recently elected Labour government, as it held a meeting with financial institutions designed to stimulate greater use of impact investment, writes Ian Lewis. #impactinvesting #UKimpact #affordablehousing https://lnkd.in/ej8tFziS

Helen Ferguson, Senior Development Officer at Golden Lane Housing, provides an insight into their partnerships with our Resonance Supported Homes Fund in the short clip below. She also introduces the five new residents who have recently moved into the property; they are all autistic, have learning difficulties, or are experiencing mental health problems. Helen explains how the house was refurbished to make it a welcoming, energy-efficient place where the tenants could live with help to become more self-sufficient and reach their full potential. Read more: https://ow.ly/1WOV50TMA2C #MentalHealthSupport #AutismAwareness #LearningDisabilities #HousingForAll #SocialImpact

The impact a safe home and wraparound support has on a domestic abuse survivor is brought to life through Gemma’s Story. Gemma is a Women in Safe Homes fund tenant and is supported by Sheffield Women's Aid. In a recent blog, Gemma kindly shared her story of surviving physical and emotional abuse from her former partner, to being housed in her new home where she is able to focus on her recovery with a dedicated domestic abuse practitioner and enjoy visits from her trusted friends and family members. Unfortunately, Gemma’s story is not an uncommon one, with 70% of domestic abuse survivors having a housing need. Read more about Gemma’s story and how the fund is trying to help more women like her: https://ow.ly/Fi6U50TFGuw Patron Capital #DomesticAbuseRecovery #SupportSurvivors #EndDomesticAbuse #HousingForSurvivors