Home  »  Community News  »  Charitable Care Inve...
All Street
Charitable Care Investment Fund L.P.
Equity, Social Impact
, ,
Social Impact:  Mental Health and Wellbeing
Business Area: Housing; Supported Living; Care, Social infrastructure
Established: 2014

Location: London, UK

Charitable Care Investment Fund L.P. (CCIF) has been specifically created to address the UK shortage of good quality care beds and facilities, as well as the shortage of funds to provide these facilities for those unable to pay for their own care. CCIF plans to raise £400 million of long term, low cost finance and lend this to UK care charities to enable them to provide more fully compliant and better accommodation especially, but not exclusively, for the elderly. CCIF is expected to generate 5,000-6,000 new beds in charitable care homes. The fund will provide support to the charity sector via longterm loans of up to 20 years. This will have a direct impact on the welfare of the poorer members of the community, which charities must serve as part of delivering their public benefit. As a social investment intermediary, CCIF hopes to provide a blueprint for funding other examples of social infrastructure. This report was produced for the Social Stock Exchange Annual Research Book 2017. It delivers an independent take on the Environmental, Social, Governance, as well as Economic performance of the members of the Social Stock Exchange.

Leave a reply

You must be logged in to post a comment.

Report Bug / Give Feedback