TIDMCSH
Civitas Social Housing PLC
07 June 2017
Civitas Social Housing PLC and Crisis announce partnership to
help homeless people secure a home to rent
-- Civitas to provide funding support for the Crisis "Renting Ready" programme across the UK
-- Highly successful approach which is supported by Landlord Associations
-- Practical training on how to secure and maintain a tenancy helping transform lives
-- Part of broader Civitas/Crisis relationship intended to
explore other social housing based initiatives that will draw on
the complementary skills of the parties
London, 7(th) June 2017: Civitas Social Housing PLC (Civitas),
the first real estate investment trust dedicated to investing into
built social homes, and Crisis, the national charity for homeless
people, have today announced a partnership to support Crisis's
Renting Ready programme.
Renting Ready is a "real world" practical programme to help
homeless people successfully transition into quality rented
accommodation by teaching valuable skills such as how to secure and
maintain a tenancy, make money go further, make a house a home and
how to manage relationships with landlords and flatmates.
The programme gives private landlords the confidence that their
prospective tennent is aware of their rights and responsibilities
as a result of attending Renting Ready.
As part of the partnership, Civitas has pledged to fund a
Housing Trainer who will work around the country to deliver the
Renting Ready programme.The programme is taught in partnership with
a number of local and third sector organisations including local
authorities, supported housing projects, young people's services
and entities dedicated to assisting in rehabilitation following
custodial sentences.
The dedicated Housing Trainer will teach the Renting Ready
programme directly to individuals looking to rent in the private
sector, and will also be able to train other people to deliver the
course independently, ensuring that the programme reaches a far
wider audience.
The focus on the private rented sector is itself a practical
reflection on the shortage of all types of social housing in many
parts of the country. Through its investment activities Civitas
seeks to promote the creation of additional social homes in England
and Wales within the regulated sector.
Chief Executive of Crisis Jon Sparkes commented: "We are
delighted to be working with Civitas. With the generous support of
our partners and donors, we are able to deliver our life-changing
work which helps people leave homelessness behind for good.
"We're grateful to Civitas for providing vital funding for our
Renting Ready training programme, which helps homeless people to
find and live independently in rented homes. With this support, we
hope to see Renting Ready become best practice throughout the
sector in supporting people to move out of homelessness."
Chairman of Civitas Michael Wrobel commented:
"Civitas is committed to support the delivery of high quality
accommodation for those with housing needs in England and Wales as
part of our objective to deliver sustainable returns for our
shareholders by making socially relevant investments.
"We are very pleased to announce our partnership with Crisis,
who lead important housing policy initiatives but also offer real
practical hope and support on the ground. We look forward to
working together on this and other initiatives".
ENDS
Notes to Editors
For more information on the Renting Ready course, and to view
sample resources go to:
https://www.crisis.org.uk/ending-homelessness/housing-centre/renting-ready/
For further information, please contact:
Civitas Housing Advisors Limited
Paul Bridge Tel: +44 (0)20 3709 4622
Andrew Dawber Tel: +44 (0)20 3709 4626
Cenkos Securities PLC
Sapna Shah Tel: +44 (0)20 7397 1922
Tom Scrivens Tel: +44 (0)20 7397 1915
Pagefield
Philip Dennis Tel: +44 (0)7947 868206
David Leslie Tel: +44 (0)7584 070274
Crisis
Eleanor Radford Tel: +44 (0)20 7426 3891
About Civitas
Civitas Social Housing PLC is the first real estate investment
trust dedicated to investing exclusively into existing portfolios
of built regulated social homes in England and Wales. The Company
achieved admission to the premium listing segment of the Official
List of the London Stock Exchange in November 2016, raising GBP350
million in an oversubscribed IPO since when the Company has
announced a number of investments.
Civitas works in partnership with Housing Associations and Local
Authorities (together "Registered Providers" ) together with other
housing professionals to help them unlock capital held in existing
social homes for new development and to promote the delivery of new
social homes. Civitas does not develop or manage social homes
directly but works in close collaboration with Registered Providers
and others who provide these services.
Civitas' investment activity supports housing owners and
providers with the provision of permanent capital to facilitate
their objective of delivering more social homes and offers
investors the potential for sensible, risk adjusted real returns
with regular dividend distributions.
About Crisis
Crisis is the national charity for homeless people. We are
committed to ending homelessness.
Every day we see the devastating impact homelessness has on
people's lives. Every year we work side by side with thousands of
homeless people, to help them rebuild their lives and leave
homelessness behind for good.
Through our pioneering research into the causes and consequences
of homelessness and the solutions to it, we know what it will take
to end it.
Together with others who share our resolve, we bring our
knowledge, experience and determination to campaign for the changes
that will solve the homelessness crisis once and for all.
We bring together a unique volunteer effort each Christmas, to
bring warmth, companionship and vital services to people at one of
the hardest times of the year, and offer a starting point out of
homelessness.
We know that homelessness is not inevitable. We know that
together we can end it.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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