Creates and manages social impact investment funds for communities.
Resonance is a social impact property fund manager based in the UK. The organisation focuses on creating and managing social impact investment funds that deliver financial and targeted social impact. Their primary areas of focus include homelessness, poverty, community-led projects, health and wellbeing, and education. Resonance works with social enterprises and charities to help them raise capital from like-minded investors. They have managed to unlock significant amounts of investor capital for social enterprises, with over £140 million raised from nearly 100 different investors through funds such as the National Homeless Property Fund, Real Lettings Property Fund, and the South West Social Investment Tax Relief Fund. Recent projects include providing homes for over 3,600 people in over 1,140 properties across major UK cities through their regulated fund management subsidiary, Resonance Impact Investment Limited. These funds cater to specific tenant groups, including those experiencing homelessness, vulnerable women, and individuals with learning disabilities. Specific criteria for receiving funding and typical project financing amounts are not publicly disclosed. However, Resonance's partnership with the Esmée Fairbairn Foundation has facilitated repayable grants for product development, indicating a collaborative approach to social investment.