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Impact investment

We're committed to investing in projects that fund social and environmental change

The L&Q Foundation has been an active social investor since 2011. We've invested in community projects and partnerships through the creation of accessible grants.

With the launch of our L&Q Foundation strategy (PDF), we've strengthened our commitment to be a significant grant maker in London and the South East.

Impact investment is the use of repayable finance to fund social and environmental change - in essence it is the use of loans rather than non-payable grants to support community projects. The United Kingdom is at the forefront of this new space.

Below are examples of our track record that show our commitment to innovation in funding social change. 

Real Letting Property Fund

In 2012, L&Q invested in the Real Lettings Property Fund. The fund was created in partnership by investment management firm, Resonance, and London-based homelessness charity, St Mungo's.

It was developed to respond to the lack of private rented accommodation accessible to the rising numbers of people living in temporary accommodation and those at risk of homelessness.

We were one of the first and largest social investors in the fund. Our £10m investment has helped them source, purchase and refurbish a portfolio of more than 250, one and two bedroom properties in London.

These have been leased to St Mungo's to provide quality accommodation to families and people at risk of homelessness.

The Real Lettings Property Fund has grown to become the largest impact investment fund in the UK at a final close of £57m.

£57m The Real Lettings Property Fund is the largest in the UK

Build London Partnership (BLP)

L&Q is partnering with smaller housing associations across London to unlock small sites and realise the capital's build potential through the Build London Partnership programme.

Funded by the L&Q Foundation and the Greater London Authority (GLA), the programme aims to build 600 affordable new homes in London by March 2023.

L&Q has created the Strategic Partnerships team to focus on developing small sites with fewer than 50 homes; purchasing the land and building the schemes.

The initiative supports housing association partners with the development process from start to completion and then hands over the completed homes at cost.

For more information, please email our Strategic Partnership team strategicpartnershipenquiries@lqgroup.org.uk.

600  affordable new homes in London by March 2023