
It costs Greater Change just £1,300 to help an individual out of homelessness.
This saves the public purse over £29,000 per annum. A return of over 20x
We are excited to share that Greater Change’s innovative model of personalised budgets as a solution to homelessness was recently featured by Michael Buchanan on the BBC. By following the journeys of two clients we supported through personalised budgets, the piece highlights the transformative impact that timely and tailored financial support can have in helping people move forward with their lives.
As captured in the article:
"We're giving people dignity of choice," says the charity's chief executive, Jonathan Tan. "Very often, in a homelessness pathway, it feels like it's things being done to you and so we're giving people the ability to make choices about their lives."
Greater Change, which was formed by two university friends in 2018, is funded from donations, philanthropists, grant-making bodies and councils. It says its approach saves taxpayers tens of thousands of pounds per client by preventing people from becoming homeless and therefore needing support from their local authority.
"We're happy to fund anything under the sun as long as it aligns with the individual's ambitions and helps them to take that next big step out of homelessness," says Mr Tan. The charity says 86% of people it has supported moved into stable housing, with almost half finding a job.
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