The Government has launched its £20m “Private Rented Sector (PRS) Access Fund” which is aimed at helping those who are faced with homelessness, to secure a tenancy.
According to the Ministry of Housing, Communities and Local Government (MHCLG) thousands of vulnerable people facing homelessness are set to benefit from the scheme-something that the RLA has been calling on the Government to introduce.
The scheme, announced in the last budget, will be used to help establish or expand council schemes, to guide people into sustainable tenancies in the private rented sector.
The fund is modelled on evidence provided from the successful programme run by leading homelessness charity Crisis which supported schemes to help homeless people into thousands of private rental tenancies.
Speaking about the launch of the funding, RLA Policy Director David Smith said:
“With over one million households waiting for a social rented home, increasing numbers of councils are now turning to the private rented sector to provide homes for the homeless.
“We strongly welcome the formal launch of the Government’s access fund, as announced in the Budget last year and campaigned for by the RLA and Crisis. Homeless tenants face the most difficult financial pressures which this funding could play an important part in addressing, whether it’s support to provide a deposit or ensure rent payments are made.
“Such funding however needs to be matched by an ambitious programme to see more homes of every tenure developed. This includes homes for private rent.”