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Sustainable finance and public policies: a Sroi model for social housing

Mario La Torre, Arturo Cafaro, Alessia Palma
January 2022 - n. 1
Keywords: Finanza sostenibile, politiche pubbliche, social housing
Jel codes: M14, D10, I38

The Italian National Recovery and Resilience Plan allocates significant resources to social investments, and in particular to social housing. The Eu Commission explicitly demands for a monitoring of the social impact of the investments financed by the Plan. In this perspective, the paper proposes an original model aimed at measuring the impact of investments in social housing based on the Sroi framework, one of the most accredited methods for impact measurement. A case study, referring to a hypothetical social housing project in the Rome area, shows how the Sroi model is useful to summarize, in monetary terms, the social impact of public housing policies. The use of the Model, providing relevant information to the market, is also a powerful tool to attract private capitals from patient impact-oriented investors.

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