Salvation Army's investment fund stimulates construction projects that make a social impact
25 September 2020
25 September 2020
Houthoff assisted the Salvation Army in setting up the investment fund 'Stichting Leger des Heils WoonVermogen' for construction projects that make a social impact.
The 'Stichting Leger des Heils WoonVermogen' is funded by private investors and aims to build 250 residences for vulnerable people in the coming years. As a result, hundreds of people will be able to move from the current social housing to transitional housing to help rebuild their lives.Houthoff, together with IBS Capital Allies, set up the investment fund and drew up the financial documents for the Salvation Army.
The Houthoff team includes Paul de Vries, Jeroen Vossenberg, Barbara Nederhof, Arno Boessenkool, Anouk Voeten, Roel Theissen, Willemijn Pieters and Floris Brandse.
Written by: