Social impact investor Resonance has launched a £700million housing fund aimed at tackling homelessness

The Resonance Housing Pathways Fund (RHPF), launched in July, acquires homes which are then leased by specialist housing partners on long-term agreements and let to individuals and families facing homelessness.  It is seeking to deliver a “long-term, risk-adjusted return on UK residential property, attracting institutional capital into housing solutions for people experiencing or at risk of homelessness”.  Rents are aligned with Local Housing Allowance levels, with households given extra support where appropriate.  Housing associations working with the fund include Salix Homes, Regenda and Notting Hill Genesis.