Scottish law firm Thorntons has advised on a landmark deal that will secure new social housing for some of the country’s most vulnerable people. Its experts helped UK fund manager Social and Sustainable Capital (SASC) to agree a £4.925 million loan from its dedicated social housing fund
Social And Sustainable Capital
Homelessness is a growing crisis in Scotland, with over 40,000 applications for assistance made in 2022-23, the highest in over a decade. In May 2024, the Scottish Government declared a housing emergency, responding to the stark need for more affordable and safe housing. At the forefront of address
Blue Triangle is the first housing association in Scotland to receive investment from the Social and Sustainable Housing Fund II (SASH II) from Social and Sustainable Capital (SASC). The social care provider and Registered Social Landlord (RSL) has received a £4.925 million loan to invest
Positive Steps Partnership (PSP), a Dundee-based charity providing supported accommodation services for vulnerable adults, has received a second social investment loan of £1.11 million from Social and Sustainable Capital (SASC) to purchase properties to house adults with addiction issues, inc
Charities and third sector organisations working with some of the most vulnerable people in the community can now access a multi-million-pound fund backed by the Scottish National Investment Bank (SNIB). Social and Sustainable Capital (SASC) provides finance for improving lives by backing organisati
Social and Sustainable Capital (SASC) has invested a further £3.5 million in Homes for Good, Scotland's first social enterprise lettings agency.
Simon Community Scotland, a charity that helps people experiencing homelessness or at risk of homelessness in Glasgow, Edinburgh and Central Scotland, has received £5 million of social investment from Social and Sustainable Capital (SASC) to purchase homes to help vulnerable people move away f
UK fund manager and social enterprise Social and Sustainable Capital (SASC) has appointed two new housing experts as board members. Terrie Alafat CBE, the former chief executive of the Chartered Institute of Housing (CIH) and Caroline Pillay, a senior partner at Airey Miller and the founder and chai
Ben Rick: How social investment will create new wave of social landlords to alleviate housing crisis
Social and Sustainable Capital founder and CEO, Ben Rick, discusses housing issues in the Scottish market and how social investment could provide an alternative solution. Last month, new figures were released that showed Scotland had the highest rate of deaths in the homeless population in the UK: 3
An impact-led social investor has launched a new fund that will invest in the provision of safe, stable and appropriate homes for vulnerable people and their families in the UK. Social and Sustainable Capital (SASC) said its Social and Sustainable Housing LP was co-designed with charities to en