The £50,000-per-unit plan seeks to address the current shortage of affordable homes for young people who are ready to move on from the charity’s services across the country but cannot afford to do so, even if they are in work. To support young people in low-paid employment or who are undertaking training programmes such as apprenticeships, rents will be capped at no more than one-third of their income during their tenancy, which will last up to five years.
Providing a better future for young people
One of the advantages of modular housing is the ability to transport them between sites to reduce the costs of development due to high land values. Centrepoint is already working with landowners to identify potential sites where they can work in partnership to deliver these much-needed homes for young people.
Centrepoint estimates that 103,000 young people approached their local council last year because they were homeless or at risk.
An example design of a modular design home
A message from our CEO
Centrepoint Chief Executive, Seyi Obakin, said of the exciting new investment plan: “To mark our 50th anniversary this year, Centrepoint is embarking on our most ambitious project yet to help young people into a home and a job.
“Lower benefit rates for under-25s, and a shortage of affordable housing in many areas means that even if they are in work, many of the young people we support cannot afford to move out of our services and in to a home of their own.
“This not only has a huge impact on their ability to focus on getting into work and achieving their potential, but it also means that we cannot house the next group of young people who need our support.
“Over the coming months we are looking forward to building new partnerships with landowners, potential funders, and politicians to turn these ambitious plans into reality for the homeless young people we support.”
It has always been Centrepoint’s aim to provide more than just a safe bed for the night, instead helping young people turn their lives around by gaining essential life skills; tackling their physical and mental health issues; and subsequently moving into education and employment. These modular homes will be a huge step towards Centrepoint achieving its goals of ending youth homelessness.
