Social Investment Fund

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Trafford Housing Trust invests £1m to tackle poverty

Trafford Housing Trust has just celebrated the first year of their new Social Investment Fund (SIF) which aims to reduce poverty and inequality in the borough. The Trust’s Social Investment Team and Board were joined by a range of colleagues, stakeholders and some of the organisations who’ve received support from the team.

Held at the Trust’s flagship health and wellbeing hub – Limelight, the event was a chance to recognise the people who dedicate their time and effort to help others and marked the achievements of the first year of the Social Investment Fund and looked to the work ahead.

Chair of the Social Investment Board – Steve Hughes, talked through aims of the SIF which are based on a ‘5-step plan’ produced by the Joseph Rowntree Foundation study – ‘We can solve poverty in the UK’. By offering a mix of micro, mid-sized and large grants and capacity building support the SIF aims to support existing organisations and new projects in Trafford to:

  • Strengthen families and communities
  • Boost incomes and reduce costs
  • Improve education standards and raise skills
  • Promote long-term economic growth benefitting everyone.

Since its launch in September 2017, the SIF has awarded 109 grants totalling £1,101,836 (estimated to benefit over 90,000 people) and capacity building support to local groups such as:

  • The Golden Centre of Opportunities who work with the Somali Community providing employment and skills support. You can find out how this vital support has helped them in this video
  • The Cyril Flint Befriending Service who provide support and companionship for people living on their own which you can see in this moving video

The day highlighted how well the Social Investment Team are thought of by the people they support which is apparent from the great feedback received on the day:

“Huge thanks to you and all the team. Wish all funders understood ‘life on the ground’ as well as you do.”

“We had a great evening, it was lovely to speak to people and chat about what we do.  The evening was very inspiring and I think what you are all doing is amazing.”

“Really impressed with the work that THT are doing in Trafford. It would be great to share your good practise across GM.”

Trafford Housing Trust article for GM Poverty Action

Trafford Housing Trust’s Social Investment Team with Chair of the Social Investment Board – Steve Hughes

Manager of the Social Investment Team – Tom Wilde says: “It was fantastic to have so many people join us to celebrate one year of the Social Investment Service.  We have committed over £1m in grant funding since launching 12 months ago, supporting over 100 projects which provide a range of much needed services for people across Trafford, including THT’s customers.  We also have a strong pipeline of projects coming through, and expect to be investing even more than this next year! The success of the event and the feedback we have already received is a credit to the whole team and the excellent work they do.

If you know anyone who may be able to help reduce poverty and inequality in Trafford point them in the direction of the social investment website

You can follow the work of the team, and the organisations they support, on social media on Facebook or Twitter

 

 

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