£17 Million Boost to the Rough Sleeping Initiative

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The government recently announced an additional boost of £17m into the Rough Sleeping Initiative; a 3-year plan targeting the pressing challenges of rough sleeping and homelessness in the capital. This funding is allocated to councils to empower them to secure temporary accommodation, sustain tenancies and enhance crucial data collection.

At Red Loft, we have worked with numerous councils and housing charities over the past year to explore ways in which more permanent housing provisions can be delivered. We have assisted clients through purchase and repair programmes, rent-setting valuations, service charge assessments and temporary accommodation strategies, therefore enabling them to grow access funding, learn from best practice, improve their financial position and grow stock profiles.

We have received excellent feedback from our clients, including Business Support Manager Amy Houston from Bromley and Croydon’s Women’s Aid. She said:

"Red Loft really took on the brief we gave them in the property searches, spotting opportunities to secure great properties and add value for the charity. They have been very flexible and their support and experience has been invaluable to delivering our social housing initiative, they are always on the end of the phone for advice and really care about the project"

If you are interested in learning more about the government’s initiative, click here to read the full article from Inside Housing:

You can also read our Temporary Accommodation brochure which provides further insight into our services at Red Loft and how we can help in this mission of ending homelessness.

As dedicated professionals in the affordable housing sector, we are committed to addressing the challenging market conditions, to ensure that secure and good quality housing is accessible to all, creating successful communities and transforming lives.

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