Cheltenham's MP, Alex Chalk, has today welcomed news that Cheltenham will receive a share of the Government's new £50 million pound Homelessness Prevention Programme fund. The news regarding the allocation of funds follows the announcement of the new fund by the Secretary of State for Communities and Local Government, Sajid Javid MP, in October 2016.
Commenting on the announcement, Mr Chalk said:
''I am pleased that Cheltenham will receive a share of the Government's new £50 million pound Homelessness Prevention Programme funding. Support from the £10 million fund for Social Impact Bonds to provide targeted support for vulnerable, entrenched single homeless people will be coming to Cheltenham. This will build on the success of the world’s first homelessness Social Impact Bond in London.
Every homeless person sleeping in a doorway in Cheltenham is a living rebuke to us to do more. Initiatives like this can make a real difference.''