Homelessness is rarely a housing issue alone. The causes are varied and driven by issues such as health, education, justice, welfare, and employment.
That is why the work we have undertaken supports action across these. For example, we invested £5 million in the world’s first homelessness Social Impact Bond, run by the Greater London Authority to turn round the lives around of 830 of London’s most entrenched rough sleepers. Over half have achieved accommodation, employment or reconnection outcomes.
In addition we have invested £15 million to improve outcomes for young people through the Fair Chance Fund. This funding is turning around the lives of around 1,900 18 to 25 year olds with complex and overlapping needs, by supporting them into accommodation, education, training and employment.
Since 2010 we have invested over £500 million to enable local authorities and the voluntary sector to support those vulnerable and at risk of homelessness.
We have protected the homelessness prevention funding local authorities receive, totalling £315 million by 2019-20. This builds on our Spending Review commitment to increase central government funding to £139 million over the next four years. We are working with homelessness organisations to consider all options, including legislation, to ensure those at risk of homelessness get earlier and more effective support.