BOND HELPS SERVICE USERS MOVE ON

The new scheme will see NCHA putting up the bond required by a landlord to secure rented accommodation when service users move out of a project.  Service users will then be offered a period of floating support and be assisted to save up to "buy" this bond back from NCHA.  The money would then be available to support another tenancy.

This scheme has been set up in response to several factors which have been identified as potential barriers to successful resettlement.  These include dwindling social housing stock, increased market rents and the restriction in Local Housing Allowance for young people under 25.  In addition key stakeholders such as Supporting People have made it clear that creative use of the private rented sector is seen as critical in achieving positive outcomes.

 

A consultation exercise has taken place with young people and managers are now developing a policy.  This will give guidance on application criteria and administration of the scheme which will be issued to all staff and service users when completed.

 

 

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