Thursday, 8 March 2012

Payment by Results' Deal to Get Rough Sleepers off London's Streets

A new 'payment by results' scheme to help London's persistent rough sleepers off the streets and into secure homes has been launched by Grant Shapps and Boris Johnson. Building on the progress made by the Mayor's London Delivery Board and the capital's charities in tackling homelessness over the last three years this new funding will be used to deal specifically with persistent rough sleepers half of whom come from overseas and who are often facing multiple challenges including drug, alcohol or mental health problems. In a 'payment by results' deal known as a Social Impact Bond, each charity will receive a share of this funding - but how much will depend on the success of their new projects. Read more on the CLG website.

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