New £20m fund to help the homeless into PRS
Communities secretary James Brokenshire is launching a £20m fund to help people facing homelessness secure a home in the private rented sector.
The Private Rented Sector Access Fund launches tomorrow on World Homeless Day. It aims to help up to 9,000 people who are, or are at risk of becoming, homeless to secure their own home.
The cash will be given to councils and 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.
Read the full story at mortgagestrategy.co.uk.