Community housing projects and charities are being urged to put their case forward as Nationwide – the UK’s biggest building society – makes £500,000 available to help make a difference to communities across London.
The Society is inviting applications for grants of up to £50,000 for housing projects that will strengthen local communities by supporting the most vulnerable, that find new approaches to increasing the supply of housing or by reinventing renting for both tenants and landlords.
Simon Gooding, Nationwide’s Regional Director for London, said: “Our members voted for us to donate at least 1% of our pre-tax profits to good causes and asked that we focus on tackling housing issues. As a building society, ensuring that everyone has a place fit to call home is at the heart of what we do. Nationwide was founded to help people save and borrow money for land and materials to build their own homes. One hundred and thirty years on, we still have the same core purpose – helping people into homes of their own.”
“We recognise there is a housing crisis, resulting in many people living in unsuitable, insecure or unaffordable accommodation. So, we are delighted to be able to award £500,000 to communities across London to support housing projects and make a real difference.”
A Community Board, which is comprised of Nationwide members, employees and housing experts has been appointed. The Board will review all the grant applications and award grants of up to a £50,000. The Board and Nationwide branches within the region will also be providing time and expertise to these charities.