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Hyde Plus launches new community investment services

Posted on 06 July 2016

On Tuesday 5 July 2016, Hyde Plus - The Hyde Group’s pioneering community investment department – announced that it had launched its new community investment services.

“In light of the housing sector’s changing external environment, we’ve reviewed our priorities and re-designed our programmes.

“Instead of adopting a universal approach, we’re now delivering targeted services with holistic interventions designed around prevention,” explained Jahanara Hussain, Head of Community Investment.

Hyde Plus will be focussing on four core programme areas: Successful Tenancies, Successful Places, Hyde Charitable Trust and Business Development and Fundraising.

  • Successful Tenancies will reduce the chances of tenancy failure among Hyde’s higher risk residents and reduce costs to the business. This service is the ‘next generation’ in tenancy support and builds on Hyde Plus’s award-winning services.
  • Successful Places will deliver targeted partnership-based initiatives that benefit Hyde’s higher risk and high-need communities, focussing on young and older residents.
  • The Hyde Charitable Trust (HCT) will continue its life-changing Individual Grants Programme and focus on raising increased income and developing new strategic grant-making partnerships.
  • Business Development and Fundraising will focus on generating income enabling Hyde Plus to grow its core programmes and develop new ones.

Hyde Plus has already made significant strides in community investment. In the last year alone, 10,700 residents benefitted from the work of the Hyde Plus team, with financial gains to residents of £1.7 million.

“But now it is time to take Hyde Plus to the next level. We think it makes sense to focus on people and places with greatest need (and which present the most risk to the business) as it is here we will have the greatest impact,” explained Jahanara.