Decision details
Homefinder Policy Update 2023
Decision Maker: Director of Regeneration & Housing
Decision status: Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The Homefinder scheme provides financial
assistance to prevent and relieve homelessness. The scheme awards
interest free loans and grants to help with rents and deposits for
households seeking to access or maintain private rented housing.
The scheme is administered with a partner organisation, The Great
Western Credit Union.
The policy has been updated to allow for the increased costs and
demands to access private rented housing. It is also now offers
assistance to Ukrainian Households seeking private rented housing
and assistance to applicants in social housing looking to downsize,
freeing up larger accommodation for homeless families.
The policy contributes to the reduction in the use of temporary
accommodation by preventing households become homeless.
Decision:
To update the Homefinder Policy
Alternative options considered:
Option 1 - Not updating this policy.
This will reduce the number of households for whom we can prevent
or relieve their homelessness due to market pressures on housing
costs.
Option 2 - Updating the policy.
This enables us to help more applicants in housing need, to reduce
homelessness and the pressure this causes on families. It will also
help to reduce the expensive cost of Temporary Accommodation to
this authority.
Publication date: 09/08/2023
Date of decision: 20/07/2023
Accompanying Documents:
