Our Social Value
At Pine Court Housing Association we are driven by our mission to ‘create opportunities and change lives’ and recognise our role as a key contributor to the social and economic development of the Liverpool City Region.
We have a vision of a better future for our thriving, inclusive communities and our Community Development Fund supports local community projects that enhance the quality of life for our customers, making a real difference to the neighbourhoods they live in.
What is social value?
Social value is the term used to describe the additional value created in the delivery of a service contract which has a wider community or public benefit.
For example, we work closely with our customers and community partners to celebrate Lunar New Year through a series of events such as dragon dancing, refreshments, local arts. In return, this improves our communities, creating opportunities for customers to recognise their mutual interests.
How do you measure social value?
Social value is a way of measuring the additional benefit to the wider community, over and above the delivery of our standard service.
We use the Housing Association Charitable Trust (HACT) Social Value Tool Kit to independently verify the impact our services and activities have on the local community. We also measure the effectiveness and social value of the community initiatives we support through our Community Development Fund via HACT’s Social Value Calculator.
£1.2 million generated in 2022/2023
The HACT certification process has evidenced that Pine Court Housing Association generated over £1.2m in social value for the 2022/23 financial year.
Take a look at our annual social value report