Social Impact Report 2024/25

Resonance's five Homelessness Property Funds use private social investment to purchase, refurbish and lease homes for people facing homelessness across England. In 2024-25, 2,324 people were housed including 965 children across 1,186 properties, managed by 10 housing partners. 59% of tenants reported improved mental health; 99.3% sustained tenancies for 6+ months; 77% of eligible tenants are employed or progressing towards work. Total capital raised since 2013: £361m. Estimated SROI: £18.5m per £10m invested over 10 years.

View Report

Report snapshot

96 Views

About

Five social impact property funds (NHPF1, NHPF2, RLPF1, RLPF2, REIF); property purchase, refurbishment and long-term leasing to housing partners; tenancy management and wraparound support via 10 specialist housing partners; Tenant Voice Forum; Housing Partner Forums; policy advocacy and research; new Resonance Housing Pathways Fund launching 2026 Custom geography from upload: England (London, Bristol, Manchester, Oxford, Milton Keynes and 14+ other cities)

Key Metrics

Key Metric 1 2,324 people housed in 2024-25 including 965 children; 1,186 properties across England managed by 10 housing partners

Key Metric 2 99.3% of tenants sustained tenancies for 6+ months; 98% registered with a GP; 80% of move-ons are positive transitions

Key Metric 3 £361m raised from 29 social investors since 2013; estimated SROI of £18.5m per £10m invested over 10 years (2025-2035)

Key Outcomes

59% of tenants reported improved mental health after settling; 71% happier in their new neighbourhood than previous accommodation; 56% said tenancy had positive effect on relationships
77% of tenants eligible for work are employed or making progress towards employment (vs 53% national average for social housing tenants); 68% of tenants with children say home has had positive effect on children's wellbeing
Estimated £349m in local authority savings and £196m in public sector savings over next decade; Darren Jones MP (Chief Secretary to PM) visited Bristol property March 2025; Resonance CEO served on government Social Investment Taskforce