{"id":17834,"date":"2018-01-25T12:20:28","date_gmt":"2018-01-25T12:20:28","guid":{"rendered":"http:\/\/vanel.org.uk\/va\/?p=17834"},"modified":"2018-01-25T12:34:27","modified_gmt":"2018-01-25T12:34:27","slug":"ignite-starts-up-new-climbing-the-money-tree-project","status":"publish","type":"post","link":"http:\/\/vanel.org.uk\/va\/2018\/01\/ignite-starts-up-new-climbing-the-money-tree-project\/","title":{"rendered":"IGNITE starts up new \u201cClimbing the Money Tree\u201d project"},"content":{"rendered":"
Growing Regional Community Fund backs IGNITE’s \u201cClimbing the Money Tree\u201d<\/strong><\/h5>\n

This new project from VANEL and the IGNITE team will aim to support young people aged 16-30 to develop financial management skills as they move into their first rented\/social housing\/student accommodation, to better retain and sustain tenancies.<\/strong><\/p>\n

Grimsby based young community leaders programe IGNITE, delivered by Voluntary Action North East Lincolnshire (VANEL) are starting a new project. \u201cClimbing the Money Tree\u201d<\/strong> is one of 40 projects awarded a share of over \u00a3200,000 grant funding from a regional fund supporting local communities throughout Yorkshire and Humber in time for Christmas.<\/p>\n

Competition for funding was tough.\u00a0 Social housing consortium Efficiency North\u2019s EN:Able Community Investment Fund received over 90 applications for a total of nearly \u00a3411,000. Bids were received from a diverse range of excellent projects working to support the communities of social housing landlords throughout the region. Now in its sixth year of operation, the EN:Able Community Investment Fund has given a total of over \u00a3600,000 overall.<\/p>\n

\u201cClimbing the Money Tree\u201d aims to support young people aged 16-30 to develop financial management skills as they move into their first rented\/social housing\/student accommodation, in order to better retain and sustain tenancies.\u00a0 In the current climate many young people are struggling financially with sparse opportunity for education within schools to assist basic understanding of day to day budgeting.\u00a0 Working with local housing groups including Shoreline Housing Partnership (SHP) who recognise the impact this and low incomes have on young people accessing housing and sustaining tenancies, we will hopefully prevent some longer term problems young people may encounter if they were to get into financial debt.<\/p>\n

The EN:Able Community Investment Fund is generated through Efficiency North\u2019s procurement frameworks for construction and maintenance schemes for social housing.\u00a0 The Fund is targeted at local projects that are sustainable over the long term, provide local employment opportunities, encourage self-sufficiency and that will also provide long term benefits for the wider local community, reflecting the 4 strategic aims of Efficiency North\u2019s vision.<\/p>\n

The fund will open for its next (seventh) round of applications in August 2018.<\/p>\n

IGNITE project lead Jenny commented \u201cWe\u2019re so pleased to have received this money which will help us develop on work we began as a trial three years ago and we unable to continue due to lack of funds at the time. The trial at that time showed how much this support was needed and now with Universal Credit coming in and other changes in society that affect young people and their cash flow, now is a wonderful time to rebuild and develop this much needed work.\u201d<\/p>\n

Efficiency North\u2019s Social Value Manager Paul Mitchell commented: \u201cThe standard of applications was again impressively high this year, with strong competition for much needed cash from excellent local projects. Efficiency North generates funding through our professional services for social housing landlords.\u00a0 We\u2019re very proud that our work has seen the funding pot grow year on year and that in 6 years we\u2019ve trebled the total we\u2019re able to offer.\u00a0 The people making a real difference in their communities, in so many ingenious ways, are vital to the region\u2019s social and economic growth.\u201d<\/p>\n

For more information about the fund and a list of all 40 projects backed this year please go to: http:\/\/www.efficiencynorth.org\/what-we-do\/community-investment-fund\/<\/a><\/p>\n

For further information<\/strong><\/p>\n

For more information about Climbing the Money Tree please contact Jenny Hodson on 01472 231123 \/ 315437\u00a0 or jenny@vanel.org.uk<\/a><\/p>\n

Background information about Efficiency North and the EN:Able Community Investment Fund<\/strong><\/p>\n

Efficiency North is an award-winning collaborative consortium of social housing providers working together in a culture of collaboration, benchmarking best practice and peer knowledge sharing to\u00a0generate efficiencies in the construction supply chain and provide intelligent procurement solutions for Yorkshire, Humber and the wider region.<\/p>\n

The consortium\u2019s vision is to work together with members to support their priorities and aspirations for their tenants and wider communities and to maximise its positive impact in 4 key areas: Efficiency, Workforce, Communities, and Sustainability.\u00a0 All savings and any surplus made by the consortium are reinvested in local communities through the EN:Able Communities CIO with the aim of creating training and employment opportunities and improving local facilities.<\/p>\n

The EN:Able Community Investment Fund \u00a0is one of the consortium\u2019s delivery vehicles for social and economic regeneration in the communities of its member organisations. A Panel composed of EN member landlords\u2019 tenant representatives and EN frameworks\u2019 contractors evaluate all applications against an agreed framework reflecting the consortium\u2019s 4 core strategic aims.\u00a0 The Panel\u2019s decision is then ratified by the Board of Trustees of Efficiency North\u2019s charitable giving arm, the EN:Able Communities CIO.<\/p>\n

\"\"<\/a><\/p>\n\n

\n <\/div>\n\n","protected":false},"excerpt":{"rendered":"

Growing Regional Community Fund has backed the new IGNITE project – \u201cClimbing the Money Tree\u201d. The project will aim to support young people to develop financial management skills as they move into their first rented\/social housing\/student accommodation. Read on for the press release and all the information about this exciting new IGNITE project. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"xn-wppe-expiration":[],"xn-wppe-expiration-action":[],"xn-wppe-expiration-prefix":[],"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[369,11],"tags":[552],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p3cThd-4DE","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/17834"}],"collection":[{"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/comments?post=17834"}],"version-history":[{"count":4,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/17834\/revisions"}],"predecessor-version":[{"id":17859,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/posts\/17834\/revisions\/17859"}],"wp:attachment":[{"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/media?parent=17834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/categories?post=17834"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/vanel.org.uk\/va\/wp-json\/wp\/v2\/tags?post=17834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}