LandAid and YMCA St Paul’s Group, a charity supporting young and vulnerable people at risk of homelessness and local communities across London, has announced an exciting new partnership in collaboration with Long Harbour and Way of Life, a specialist Build to Rent developer and operator, to provide subsidised move-on accommodation for YMCA residents in Walthamstow.
The partnership forms part of the Build to Rent Pathfinder developed by LandAid, which enables developers to allocate homes within new rental developments to charities for affordable, move on accommodation. This scheme will provide four thoughtfully designed apartments at The Eades, a newly built Long Harbour development in central Walthamstow.
The homes will support YMCA residents who are ready to move on from supported housing but face barriers accessing the private rental market. LandAid is also providing grant funding to help cover rent deposits and contribute towards furnishing and move in costs, reducing financial barriers for residents at the point of transition.
YMCA is launching #BuildingFutures, a movement to tackle the youth housing crisis by creating 10,000 homes across England and Wales. The new affordable homes for YMCA St Paul’s Group residents in Walthamstow form part of that 10,000-home target and reflect our commitment to ensuring no young person is left without a home or a future.
Richard James, Chief Executive of YMCA St Paul’s Group, said:
“Soaring rents, a lack of safe and affordable homes, and the constant risk of homelessness are leaving many young and vulnerable people feeling stuck, isolated and locked out of the futures they deserve. By working with LandAid, Long Harbour and Way of Life we are opening access to high-quality homes that would normally be out of reach for our residents. This partnership shows how Build to Rent can play a practical role in supporting young people into independent living.”
