Rene House CIC
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Rene House is a small social enterprise based in Nottingham, they provide supported accommodation for homeless and vulnerable adults and families. They currently manage a portfolio of 7 properties comprising of 18 units. Rene House aims to create a sustainable stepping-stone service for individuals and families that need support to get back on their feet.
Duration
5 years
Cost of capital
8%
Turnover
£87k
Investor Details
Big Issue Invest
Amount invested
£60k
Product type
Blended – part grant, part loan
Legal structure
Community interest company (CIC) limited by guarantee