The Wellbeing Value of Tackling Homelessness

Housing associations engage in a range of work beyond the provision of a home. Using the Wellbeing Valuation Approach, HACT and Simetrica developed the Social Value Bank, the largest and most methodologically consistent bank of values housing providers can use to evidence the social value of their work in areas like employment, financial inclusion and health. The Social Value Bank has become an industry standard for understanding the impact and value of community investment activities. Through consistent application of the Wellbeing Valuation Approach, it is possible to establish and place a value on the wellbeing impact of almost any aspect of housing providers' work, if suitable datasets can be identified or collected. The outcomes covered by the Social Value Bank are focused on those that are experienced by people living in secure housing, as the datasets underlying the analyses – the British Household Panel Survey and Understanding Society, primarily – are collected exclusively from those in households. Read more on the HACT website.