Independent specialist impact consultants, The Good Economy (TGE), confirm Civitas is "an authentic impact investor according to the IFC Principles for Impact Management".

The latest Social Impact Report confirmed Civitas "The provision of housing and care in Civitas’ homes have proved to be resilient in the face of Covid-19.”

TGE also comments the they “… Civitas is continuing to perform well in relation to its impact objectives and has been proactive during 2020 in supporting its partners to continue delivering services to tenants throughout the Covid-19 pandemic.”

Social Value independent study conducted by specialist social value consultants, the Social Profit calculator (SPC demonstrates Civitas achieved measurable):

  • Social return on investment for residents

  • Savings for the public purse

Findings based on extensive research incorporating:

  • site visits

  • meetings with tenants and tenant's families

  • discussions with LA Commisioners, RPs and RSH

  • Government metrics - HM Treasury's Green Book data

Highlights:

  • £114 million in total Social Value including £59 million of direct savings to the tax payer

  • £1 billion of direct savings to the tax payer when projected over course of Civitas leases (25 years)

  • 33% properties entered the social housing sector for the first time

  • 32 average age of tenant, expectation of multi-decade occupancy

“Civitas’ continues to grow its portfolio, contributing to increasing the supply of specialist housing … assessed as having “High” level of additionality on the TGE Additionality Scale.”

The Good Economy, November 2020

"They provide the most significant demonstration of Civitas’ contribution to increasing the supply … that may not have been delivered without the Fund’s capital."

The Good Economy