Blog
Rethinking Subsidy: lessons from social investment on good growth
Policy and Advocacy Manager, Alex Bunker, looks at the lessons from social investment in using subsidy as a tool for delivering good growth
Cost of Living Fund
Overview
A fund from Social and Sustainable Capital (SASC) to support a small cohort of borrowers who are supporting the cost-of-living crisis with housing-based services.
The fund blends grant from Access with repayable finance from SASC's Social and Sustainable Housing Fund. Total investments deployed to each investee is expected to be between £1m and £2.5m per project, with the grants between £200k and £600k deployed alongside.
It uses funding from the Cost of Living programme, which enables charities and social enterprises to scale up or sustain their work, especially those supporting communities facing rising living costs.
Partners
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£1.16 million
grant committed
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£4.4 million
co-investment raised
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£5.5 million
total fund size
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Find out more from SASC