Who we are
We are a group of people passionate on solving the housing crisis.
Every year 8.4 million people in the United Kingdom are affected by the housing crisis. We are trying to lower that number through innovative solutions and building bridges between citizens.
A community interest company is a type of company introduced by the United Kingdom government in 2005 under the Companies Act 2004, designed for social enterprises that want to use their profits and assets for the public good.
CIC no. 13270135
What we do
We facilitate the raising of funds from the public, like-minded organisations and ethical investment vehicles.
The purpose of raising funds is to use them in a way that will facilitate benefit to members.
Any funds advanced will be repayable to the entity that provided them twelve months from the date they are received.
Where do the funds go?
All funds raised are for the sole purpose of assisting people that fall into the following categories:
People who cannot effectively manage the payment of their existing rent and still live reasonably within their means on basic essentials.
‘Homelessness is lacking stable and appropriate housing. People can be categorized as homeless if they are: living on the streets; moving between temporary shelters, including houses of friends, family and emergency accommodation; living in private boarding houses without a private bathroom or security of tenure’
People in threat of eviction due to arrears of their rent.
People who lose their employment due to circumstances out of their control, for example, redundancy and are unable to pay the rent if the amount is greater than Housing Support paid by the Government.
How we do it.
Our aspiration is to supplement the rent payment differential between what the tenant can reasonably afford and the open market rent (or the rent demanded by the landlord).
To be sustainable the CIC invests the funds raised to provide a continuous revenue to facilitate the commitments to supported tenants.