Resonance - Twenty Years Of Impact - Report - Page 78
PURHASED BY RESONANCE
IMPACT PROPERTY FUNDS
750 HOMES
2019
FUNDS
£200M IMPACT
UNDER MANAGEMENT
88K HOUSEHOLDS
OVER 7K HOUSEHOLDS
in England living in temporary accommodation27
IN THE NEWS...
• The Conservative party led by Boris Johnson wins the general election
with an 80-seat majority
• NASA astronauts Jessica Meir and Christina Koch conduct the first
all-female spacewalk outside of the International Space Station
• The first case of COVID-19 is recorded in China
• India plants 220 million trees in one day
RESONANCE KEY MILESTONES
INVESTMENT
• Guys & St Thomas’ Foundation makes its first investment, into Real Lettings
Property Fund 2
• Resonance Community Developers unlocks £850,000 worth of grant
funding to begin seed investment into community businesses
MILESTONES
• Resonance listed as number 6 in KPMG’s 75 fastest growing of firms in
Devon and Cornwall
in England living in bed and breakfast accommodation27
NEARLY 7K HOUSEHOLDS
in England in hostels27
PAUL’S STORY
PROPERTY FUND TENANT
“God, if I didn’t have this place, I dread to think where I would be, maybe back
on the streets, maybe back drinking, I don’t know where I would be. Lost. I’m an
alcoholic and there came a point in time when my family said you’ve got to go and
sort this out. I had to leave the family house and sort it out, to do that I ended up
being homeless.
“The block of flats I was previously living in was a heavy drug and drink use area,
leaving there and coming here, to moving in and not having that environment
around me was fantastic. My home’s a one-bedroom flat. Its’s a nice flat, I like the
flat very much. I’ve got Victoria Park just behind me and my family’s all local. Good
shops. Good environment. Good people here.
“Alcoholics fear change. We like stability just knowing that I have a safe secure
home, a back-up support network is very important, I have never had to use it but
the fact you know it’s there helps. Whereas I think with a private landlord you don’t
get that at all, you know it’s a very cold contract basically. Having a back-up support
network is very important, I’ve never had that before. I’ve never been sober enough
to have anything like that.
“My job is that I am a crane lift supervisor - I oversee the safety of lifting operations
of all tower and mobile cranes on building sites. I like my work it’s fun.
“So this knowing that I have a home, it’s nice, a nice feeling, warm feeling. Good
feeling. I am sober, I am working, I have everything to look forward to, a bright
future that’s what having a home from Resonance has given me.”
“God, if I didn’t have this place, I dread to think where I would
be, maybe back on the streets...”
• £200m of funds under management
• National Homelessness Property Fund 1 is fully deployed, having raised
£43.3 million, purchased 212 homes in Bristol, Milton Keynes and Oxford,
and provided over 565 people with a safe and affordable place to call home
• Resonance joins the NatWest SE100 Index, as one of the top 100 social
enterprises in the UK
AWARDS
• Resonance Homelessness Property Funds win NatWest SE100 Good Deal
of the Decade Award
• Resonance and Smile Together win SEUK Deal of the Year
Source:
27 Shelter 2021
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