This report is the second Impact Report prepared by The Good Economy Partnership (TGE), which acts as the social advisor to FAH. Our role is to conduct pre-investment social due diligence on each potential project considered by FAH to ensure each project delivers quality, affordable housing to those in real social need. We also carry out this annual review to examine the social performance and impact of FAH. This report covers the period to 30 June 2017. Lack of affordable housing and rising homelessness are major challenges in the UK. Public capital grant to support affordable housing is increasingly limited and as a result, many Registered Providers (both housing associations and local authorities) have used up their available financial resources and are approaching their borrowing limits.