At Reall we are passionate about the difference planned housing can make. We have witnessed the profound impact a decent neighbourhood can have on people, communities and cities.
The Reall approach to servicing the demand for housing low-income families through local enterprises has significant impact, far beyond the organisations and communities empowered by it. We are pioneering a model that can be replicated and scaled to catalyse housing markets in developing cities.
Financial inclusion and the realisation of an asset
We believe a secure home is the cornerstone of socio-economic development.
One of the greatest shifts to emerge from Reall's involvement in neighbourhood-focused developments, is that residents become better integrated as contributing members of society.
Housed in a secure and permanent residence, low-income families are finally able to access basic services and better education. A formal address helps them
access better credit and establish a credit record. Payment for services such as water and electricity helps incorporate people into the planning of the city.
These opportunities are more than just economic gain. They restore the very essence of humanity, bringing invaluable purpose and pride back into communities that have been previously ignored by mainstream society.
Equity in property moves people towards a healthier future and catapults them out of a poverty cycle.
At Reall we are determined to demonstrate that building an affordable housing market through
innovative enterprise-driven methods has massive impact on a number of levels.
Whilst the stories of families whose lives have been profoundly improved through access to secure housing inspires us, we are equally thrilled at the growth we have seen in our partner organisations as they move towards achieving financial sustainability. We believe our approach is scaleable, replicable and has lasting impact.
Between 2010 and 2015 we helped to create and deliver:
for 170,000 people
for 277,500 people
for 280,000 people
for 1.9 million people
£4.1 million assigned to Development Enterprise capacity building
We have witnessed and participated in the positive personal stories emanating from the under-resourced regions we have been honoured to work within.
As individuals and families are empowered to take their place at the table in their homes, and claim their stake in the world, we see lives changed, for good.
Reall Annual Reports and Financial Statements