ABSTRACT
The first proposal to Hull Women’s Network (HWN) was that Social and Sustainable Capital (SASC) would provide mortgages for the full amount required to purchase more homes. The SASC team caught the train back to Hull and began discussing this in detail with Lisa. The new loan to HWN covered the entire cost of purchasing the new housing, including the properties themselves, renovation, adaptation and professional fees. HWN purchased 33 additional houses with the funding made available by SASC. Over a ten-year period, these houses will allow more than 300 women and children to flee violent relationships. The Social and Sustainable Housing fund (SASH) reflects the desire to put the control of housing in the hands of exceptional charities and social enterprises across the United Kingdom. A critical part of the design of SASH has been to recognise the different ways that borrowers and investors think about property.
