Cromwood continues to grow in strength through public-private funding partnerships to deliver more long-term social housing solutions.
Cromwood continues to grow in strength through public-private funding partnerships to deliver more long-term social housing solutions.
The company recently successfully acquired 135 one bed properties in London. These properties are already housing people who were sleeping rough on the streets of London. These properties allow Cromwood to provide rough sleepers with permanent accommodation; the catalyst which enables them to take back control, plan for their future, make informed decisions and ultimately be an inclusive member of society again.
A summary of our first public-private investment partnership:
| Investor/Funder | Investment Type | Deliverable | Beneficiary Cohort |
| GLA | Grant funding | 135 one-beds in London | Rough Sleepers |
| Investment partner | Debt |
This excellent public-private funding partnership model has enabled Cromwood to continue delivery of long-term housing solutions to tackle rough sleeping in London. We are nearing the completion of our second public-private funding partnership to deliver 140 one bed properties to house those sleeping rough on the streets of London plus the delivery of 20 two bed properties for housing those fleeing domestic abuse.
Summary of our second public-private investment partnership:
| Investor/Funder | Investment Type | Deliverable | Beneficiary Cohort |
| GLA | Grant funding | 140 one-beds in London | Rough Sleepers |
| Investment partner | Debt |
| Investor/Funder | Investment Type | Deliverable | Beneficiary Cohort |
| GLA | Grant funding | 20 two-beds in London | Victims fleeing domestic abuse |
| Investment partner | Debt |
Our commitment to delivering housing solutions for those sleeping rough on the streets of London mirrors our social purpose of “being able to provide a place someone can call home, where they can rest, receive support and plan for their future”.
The wider impact of our work is in the creation of many positive impacts on the individual including their ability to stay healthy, maintain relationships and find a job. Whilst simultaneously reducing the negative impacts such as the individual feeling neglected, experiencing mental or physical health problems, mis-use of alcohol or drugs etc.
We continue in our mission “to provide vital housing services to save the lives of people who are homeless, sleeping rough, seeking asylum and fleeing domestic abuse”. These public-private investment partnerships are enabling us to deliver more housing, make more impact and ultimately eradicate rough sleeping.
