A social investment fund for homelessness charities across England worth £4.5m - said to be the first of its kind - will launch next month.
Homeless Link, the membership charity for homelessness and supported housing agencies, will invest the money over the next three years, offering homelessness organisations unsecured loans. The aim of the fund is to test where social investment can be most effective to improve outcomes.
The programme is funded by Access - The Foundation for Social Investment - through its growth fund which combines a grant from Big Lottery Fund and a loan from Big Society Capital.
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