Carla Keegans, The Ethical Housing Company - a pioneering impact investment company
About the seminar
This seminar will examine The Ethical Housing
Company (EHC), a Teesside based company, whose sole purpose is to provide homes
for people in housing need across the Teesside private rental market. It's
responsible business model combines financial and social outcomes, and has
attracted £12.5 million of social and institutional invesment since the company
launched in 2018.
EHC sits in the growing world of 'impact investment', and
after proving it's model on Teesside, is now also influencing and leading the creation
of a 'new national housing sector' to tackle the pressing societal challenge of
housing need that is no longer being met by the State. EHC, along with it's
sister organisation The Ethical Lettings Agency C.I.C. (TELA), were founded and
are ran by Carla Keegans, a housing professional and Northumbria alumni.
About the speaker
Carla
Keegans is the founder of The Ethical Lettings Agency (TELA) C.I.C. and The
Ethical Housing Company (EHC). Together, these social mission-led businesses
help people in housing need, including those facing homelessness, access decent
and affordable homes in the Teesside private rental market. Teesside has the
most multiply deprived areas in the country.
ELA
was established in 2015 to prove the model managing private landlord properties
and EHC was then established in 2018 with £5m of social investment via Bridges
Evergreen Holdings Ltd. EHC purchases properties and transfers them to TELA to
let and manage. Most recently, EHC has secured a further £7.5m from the
Teesside Pension Fund and Big Society Capital to help fund future growth.Carla
returned home to Redcar to establish TELA after a career in the UK social
housing sector where she held senior officer and non-executive positions in
housing associations and local authorities in the North East and London.
To register for this free online session, please fill in the form below. Please note that you will need Google Chrome for this session.
