One million pound donation to tackle youth homelessness in Coventry

Coventry Building Society are supporting local charities with a one million pound fund to support 18 to 25 year olds facing homelessness

Author: Frances WallPublished 7th Feb 2025

Coventry Building Society have announced a one million pound fund to tackle youth homelessness in Coventry.

The funding will help support local homeless charity St Basils and their Live and Work scheme.

The initiative aims to empower young people by providing a secure home alongside career opportunities, breaking the cycle of homelessness.

The fund will be used to create high-quality and low-cost housing in Coventry with employment support for 18-to-25-year-olds facing homelessness.

Lucy Becque, Group Chief People Officer at Coventry Building Society, said: “Every young person deserves a safe place to call home and the chance to reach their full potential.

"By supporting St Basils, we are investing in practical, long-term solutions that empower young people to lead independent and fulfilling lives."

Speaking about the Coventry project, Jean Templeton, Chief Executive at St Basils, said: “Jobs and Homes are critical protective factors.

"This donation will make a huge contribution to extending the Youth Housing offer in Coventry to enable young people, without family support, to have access to genuinely affordable accommodation which enables them to live and work, and save for their future.

"Working with Coventry City Council and regional partners, our ambition is to complete the scheme by the end of 2025. We are hugely grateful to Coventry Building Society for their commitment and contribution to ensuring that a home and a job will be possible for all young people in Coventry.”

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