04 May 2001
This condition, which applied during the first round of bidding, has been relaxed for the second round so that housing associations can now team up with any private or public funder.
The fund is designed to provide homes and support services for vulnerable people, including ex-offenders, people with alcohol and drug problems, teenage parents and people fleeing domestic violence.
About 5,000 new homes and floating support services for a further 3,600 units of accommodation will be provided over the next three years.
The fund covers £120m in capital funding and £17m in revenue funding. The first tranche of bids by RSLs, which will provide 1,395 new homes and 29 units of 'move-on' accommodation, was approved in March by housing minister Nick Raynsford. Work will start later this year.
PFmay2001
