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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 from its inception in 2011. Since then we've been investing 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 demonstrate 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 individuals 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 small housing associations across London to unlock small sites and realise the capital's build potential through the Build London Partnership programme.

This partnership has recently grown from nine partners to 16, and has now been opened up to all London SME housing associations.

Jointly funded by the L&Q Foundation and the Greater London Authority (GLA), the programme aims to build 1,000 new, affordable homes in London by March 2022.

The L&Q Foundation is investing £100m in the programme, with an additional £80m provided by the GLA. This will be used to provide affordable homes across London.

L&Q has created a new team - Strategic Partnerships - to procure land and build the new homes. The Strategic Partnerships team focus on small sites that are less than 50 homes.

The initiative will support housing association partners with the development process from inception to completion and then handover the completed homes at cost.

For more information, you can email our Strategic Partnership team at strategicpartnershipenquiries@lqgroup.org.uk.

1,000  affordable new homes in London by March 2022

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