Organisation Summary Business Sector:Social and Affordable Housing Business Activities:Development Business Location:South East Chief Executive:Co-founders: Richard Kennedy and David Ball Turnover:c£400k (YE Mar 26 – c£4.4m including development costs) Employees:5 Legal structure:Company Limited by Shares (with an explicit primary social object) Website:cornerstoneplace.co.uk Cornerstone Place is a social enterprise property developer delivering 100% social housing at 0% profit. It works with local authorities, charities and registered providers to unlock land, buildings and capital for people in housing need. Its Impact First Social Housing® model provides high-quality, sustainable homes at cost, with long-term ownership retained by councils, charities or other asset-locked organisations. This keeps housing assets in the hands of the impact-makers and ensures public and social investment delivers lasting and compounding community benefit. Cornerstone Place supports partners from early feasibility through to delivery, bringing together site assessment, funding strategy, development management, procurement and impact reporting. Its work focuses particularly on homelessness prevention, temporary accommodation reduction, supported housing and small-site regeneration. E3M Member Name:Richard Kennedy Title :Co-Founder Richard Kennedy is Co-Founder of Cornerstone Place, a social enterprise developer delivering Impact First Social Housing® across the UK. He works with councils, charities and housing providers to unlock land and buildings for people in housing need, creating high-quality homes owned by asset-locked organisations. Richard’s work sits at the intersection of housing, social investment, public sector delivery and long-term community value. He is an Acumen Fellow and contributes to national housing policy discussions, with a particular focus on homelessness, supported housing and mission-led development.
Organisation Summary Business Sector:Social and Affordable Housing Business Activities:Development Business Location:South East Chief Executive:Co-founders: Richard Kennedy and David Ball Turnover:c£400k (YE Mar 26 – c£4.4m including development costs) Employees:5 Legal structure:Company Limited by Shares (with an explicit primary social object) Website:cornerstoneplace.co.uk Cornerstone Place is a social enterprise property developer delivering 100% social housing at 0% profit. It works with local authorities, charities and registered providers to unlock land, buildings and capital for people in housing need. Its Impact First Social Housing® model provides high-quality, sustainable homes at cost, with long-term ownership retained by councils, charities or other asset-locked organisations. This keeps housing assets in the hands of the impact-makers and ensures public and social investment delivers lasting and compounding community benefit. Cornerstone Place supports partners from early feasibility through to delivery, bringing together site assessment, funding strategy, development management, procurement and impact reporting. Its work focuses particularly on homelessness prevention, temporary accommodation reduction, supported housing and small-site regeneration.