The agreement aims to develop hybrid financial instruments and impact investment programmes to expand access to housing and enhance real estate assets.
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Etisos Foundation ETS and Homes4All S.p.A. Società Benefit have signed a Framework Collaboration Agreement to promote joint projects and initiatives focused on sustainable, affordable, and socially impactful housing.
The partnership stems from a shared commitment to integrating ethical finance tools with urban regeneration strategies, addressing the growing housing needs of Italian families in an innovative and practical way, while supporting local development and social cohesion.
An alliance between ethical finance and urban regeneration
Etisos Foundation, long engaged in promoting ethical and solidarity-based finance, and Homes4All, a pioneer in socially impactful real estate regeneration, are joining forces to build new models of inclusive living—where access to housing becomes a driver of inclusion, local development, and sustainability.
The collaboration seeks to connect the world of responsible finance with social housing, supporting projects capable of generating both financial returns and measurable social benefits, while strengthening the community fabric of the territories involved.
“The right to housing is a cornerstone of dignity and social cohesion,” said Fabio Salviato, President of Etisos Foundation. “With this agreement, we aim to build a bridge between ethical finance and the real economy, making access to decent housing possible for those currently excluded from the traditional market.”
Objectives and areas of action
Through this agreement, the two organizations commit to designing, testing, and scaling replicable intervention models across different Italian cities, combining financial instruments with social impact strategies.
Key areas of collaboration include:
- the structuring of ethical and hybrid financial instruments—such as ethical funds, social impact bonds, and venture philanthropy schemes—to support social housing and urban regeneration projects;
- the development of social impact investment programmes involving foundations, local authorities, investors, and Third Sector organizations;
- training, research, and knowledge-sharing activities focused on inclusive housing, impact finance, and social innovation;
- the creation of a joint technical working group to coordinate initiatives and assess development opportunities at local, national, and European levels.
A scalable and replicable model
The agreement aims to build a public–private collaboration ecosystem capable of delivering inclusive, sustainable, and replicable housing solutions. By combining ethical capital with socially driven projects, Etisos Foundation and Homes4All seek to improve access to housing for vulnerable families, young people, and the elderly, while enhancing underutilized real estate assets and reducing environmental impacts linked to land consumption.
“Housing is a fundamental right, but also a powerful lever for innovation,” said Mario Montalcini, CEO of Homes4All. “Together with Etisos Foundation, we can accelerate socially impactful urban regeneration by developing financial tools and operating models that turn housing inclusion into a shared investment for society.”
Towards a new culture of living
The agreement is part of a broader context of growing attention to impact finance and regenerative economic models that combine sustainability and inclusion. The shared goal is to contribute to the development of a national culture of sustainable living, where housing is not only a physical asset but also a tool for empowerment and social cohesion.
The partnership between Etisos Foundation and Homes4All positions itself as a laboratory for experimentation and active policy-making, open to collaboration with public institutions, universities, foundations, and socially responsible enterprises.

