In recent years, the need for affordable housing has become increasingly pressing. With the cost of living rising and wages stagnating, many people are struggling to find a place to call home. In response, Lloyds Banking Group has partnered with Crisis, a charity that works to end homelessness, to create a new initiative to increase access to affordable housing.
The partnership will see Lloyds Banking Group providing £1 million in funding to Crisis over the next three years. This money will be used to support Crisis’s work in helping people find and keep a home. This includes providing advice and support to those facing homelessness, as well as helping people access affordable housing options.
The partnership will also see Lloyds Banking Group working with Crisis to develop new products and services that will make it easier for people to access affordable housing. This includes providing advice on how to access government schemes such as Help to Buy, as well as offering financial products that are tailored to those on lower incomes.
The partnership between Lloyds Banking Group and Crisis is an important step in tackling the issue of homelessness. By providing funding and developing new products and services, the partnership will help to make it easier for people to access affordable housing. This will help to reduce the number of people who are homeless or at risk of homelessness, and ensure that everyone has a safe and secure place to call home.
It is hoped that this partnership will be the first of many between Lloyds Banking Group and Crisis, as they work together to tackle the issue of homelessness. With more people than ever struggling to find a place to call home, it is essential that we work together to ensure that everyone has access to affordable housing.