£20m fund to help homeless into private rented homes
Thousands of vulnerable people facing homelessness are set to benefit from the launch of a £20 million scheme to help them secure a private rented home.
The Private Rented Sector Access Fund, launching today on World Homeless Day (10 October 2018) by Communities Secretary, Rt Hon James Brokenshire MP, is a dedicated fund designed to help up to 9,000 people who are or at risk of becoming homeless to secure their own home.
A key part of the government’s expert-backed Rough Sleeping Strategy, the fund will be used to either help set up locally-led schemes or expand those currently in use. These schemes will be tailored to match the needs of each local area’s residents and landlords. This could involve councils providing financial support to help those to access or maintain their tenancies, such as paying deposits for the tenancy or rent payments. Alternatively, some schemes may involve the council managing the property on the landlord’s behalf.
