We supported the Housing and Communities Trust research into the call for a comparable social return on Investment (SROI) for all Social Housing providers to provide consistency when trying to attract investors into the sector.
Pete Gladwell, Head of Public Sector Partnerships at Legal & General Property comments,
“This growing movement needs tools to inform its decision-making. Whilst it should be self-evident that investing into a partnership with a Housing Association to fund housing is highly socially beneficial, in a world that needs objective measures to assess investment opportunities, a new toolset is required for those who view capital as more than simply a means to generate a financial return. And, that’s why we’re proud to both support and be associated with this initiative.”