The government is to become more directly involved in the rental market than it ever has before following its latest announcement on rough sleeping.
Embattled housing secretary Robert Jenrick has today announced that his department is to provide £105 million to help homeless people secure tenancies in the private rental market, including providing their rental deposit to landlords.
“The funding will cover a range of interventions, from moves into the private rented sector, to extending or procuring interim accommodation such as hotels or student accommodation and supporting individuals to reconnect with friends or family,” a MHCLG spokesperson has told LandlordZONE.
The ministry has said that further details of how the deposits system is going to work will be released soon.
Jenrick’s ministry intends to fund the temporary conversion of empty student accommodation into temporary housing while more long-term solutions are sought.
The money will help some 15,000 homeless people find homes while a further 6,000 homes for longer-term provision are being built.
“In recent months, I have seen a huge effort across the country to keep almost 15,000 vulnerable people off the streets,” says Jenrick.
“This has been vital to ensure their safety during the peak of the pandemic and has changed the lives of thousands for the better.
“The additional funding announced today will allow us to continue to support these individuals – giving them access to the accommodation and support they need now while we continue with plans to deliver thousands of long-term homes in the coming months.”
Chair of the COVID-19 Rough Sleeping Taskforce, Dame Louise Casey, says: “We now have an extraordinary opportunity to help keep them in and turn their lives around if we get the next steps right.
“I am clear that there can now be no going back to the streets as people begin to move on from the emergency accommodation that has been put in place.”