Nationwide Building Society opens £4m grant fund

The funding will support charities and other not-for-profit organisations working to support people with housing issues

Nationwide Building Society is offering £4m in grant funding to not-for-profit organisations working to tackle housing issues.

The mutual financial institution said its community grants programme would provide grants of between £10,000 and £50,000 to charities, community land trusts and housing co-operatives working to either prevent people from losing their home, help them into a home, or support them within a home environment.

Nationwide said it had divided the UK into 11 regions and would accept up to 40 applications per region, which would mean that about one in every four applicants would be successful.

If the cap is not reached, applications will close on 21 June.

A community board comprising Nationwide members and employees would make decisions on applications in each of the 11 UK regions.

Nationwide said it had already awarded £13.4m to 350 projects this year as part of plans to make £22m available to housing charities and organisations by 2023.

Rachel Smith, senior social investment manager at Nationwide, said: “Everyone should have a place fit to call home, which is why our Community Grants Programme is so important to us.

"As a member-owned organisation, we have always seen it as our place to help facilitate positive changes in local communities, and we are encouraging charities to apply to our Community Grants Programme.”

For more information about the scheme and to apply, click here.

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