Active Prospects has secured a £3.4m investment from Social and Sustainable Capital (SASC), a UK fund manager and social enterprise, to enable the award-winning care organisation to purchase homes for people with learning disabilities, autism, mental health needs, acquired brain injury and other complex needs.
Maria Mills, CEO at Active Prospects said, “We are absolutely delighted to be working with SASC and this loan will enable us to help another 18 people with complex needs to move from long stay institutions into great community homes.”
Active Prospects has established itself across Surrey as a leading provider by offering great homes and supporting people to gain independence. As a result of the investment, Active Prospects will be able to offer 18 people additional housing placements, enabling them to live full and aspiring lives. Active Prospects plans to purchase new homes for people in East Surrey in partnership with Surrey County Council and also some houses in West Sussex, which will expand its geographical remit.
The investment comes at an exciting time of growth for Active Prospects and ties in to the organisation’s wider strategic focus to increase housing stock and build more of the right accommodation to meet people’s aspirations.
Mark Bickford, Director of Investments at SASC said, “We are delighted to invest in Active Prospects. It is a fantastic social enterprise addressing a significant need for supported living in the community for people with learning difficulties and autism. Its services are all rated good by the Care Quality Commission and it has had significant experience in growing and developing its housing stock having delivered £8m of new-build, replacement and modernisation programmes in the last four years.”