Action Homeless CEO Mark Grant writes why he believes simplifying Social Investment Tax Relief (SITR) could be a game-changer that would allow them to raise flexible, patient and risk-tolerant capital, which they could use to provide more affordable housing to people affected by homelessness.
In this post James Ronicle, Associate Director at Ecorys UK, describes the findings from the latest research collaboration between Ecorys UK and the Policy Innovation Research Unit (PIRU). The two research teams examined the reasons why 25 areas did, or did not, set up a social impact bond (SIB), and summarises the four factors that were essential in ensuring whether a SIB was launched.
At some point in 2015 I started thinking that if I didn’t get to grips with understanding social finance I’d probably be a bit of a dinosaur. In a world where money for preventive services is only likely to continue shrinking, any new avenues were worth knowing more about.