Tuesday, 21 June 2016

Council Saves Money On Temporary Accommodation By Purchasing Homes

A London council claims it’s saved almost £1 million in two years by purchasing homes to use as an alternative to nightly accommodation for vulnerable families. Enfield Council set up the independent company Housing Gateway to buy family homes in the borough and surrounding area. Families are placed in a Gateway property and then they are given an assured shorthold tenancy and supported to find alternative accommodation. The company was set up in March 2014 to reduce an anticipated £3.3 million budget pressure associated with housing families in temporary accommodation in 2014/15 and between then and 31 March this year, the company has bought 180 properties and saved the Council £968,585 in nightly accommodation costs. Read more on the Housing Excellence website.

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