Financial guide for social landlords
Filed Under Country Curtain | Posted on April 6, 2008
Related ItemsSouthern Housing Group provides Financial Inclusion Service Housing revenue system review launched Federation calls for housing association customer code Connaught posts strong resultsGreat Places does refinancing deal Caring Homes implements new system for future growth National Housing federation criticises pathfinder report English Churches in firing line over “poor” payBovis warns of housing credit crunch Wandsworth Council calls for end to stamp duty amble?/a>The National Housing Federation has published a new guide which aims to help senior housing managers find creative new ways of helping tenants who have difficulty managing their money.
%26#39;Financial inclusion in social housing%26#39; comes hot on the heels of the Federation%26#39;s resource for frontline staff, %26#39;A guide to financial capability%26#39;, which was published in February.
Housing associations throughout the country are exploring new approaches to financial inclusion, with many stepping beyond their landlord role to pioneer a range of services from debt advice to affordable loans and banking facilities.
The new guide, written by Community Finance Solutions at the University of Salford, with funding from the Housing Corporation and the Friends Provident Foundation, provides advice to social landlords that are considering moving into financial inclusion, and is also aimed at helping providers with existing financial inclusion schemes.
It highlights the options open to landlords as they consider the best approach to meeting residents%26#39; needs, and looks at lessons to be learnt from the innovative good practice in the sector.
It also recommends that housing providers link up with other organisations when planning financial inclusion services, saying that even the largest housing associations will need to forge partnerships.
Nick Powell, policy leader at the National Housing Federation, said: %26quot;More and more housing associations are exploring ways of helping tenants to manage their finances. Our new guide shows there is a business case for this work in that it can reduce rent arrears - but more importantly, it also demonstrates that by making key financial services easier to access, housing associations can enhance the quality of residents%26#39; lives and the communities they live in.%26quot;
%26#39;Financial inclusion in social housing%26#39;, priced %26pound;25, is available from www.housing.org.uk/onlinestore.
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