Local community housing projects and charities are being urged to put their case forward as Nationwide, the world’s largest building society, makes £500,000 available to help make a difference to communities across the region.
The society is inviting applications – via Somerset Community Foundation, which is managing the applications – for grants of between £10,000 and £50,000 for housing projects that will support the most vulnerable in local communities.
So far, Nationwide has awarded £7 million in grants to more than 180 projects and will be investing over £20 million in housing projects across the UK over five years. The programme is being delivered with support from UK Community Foundations, the national network for all accredited Community Foundations across the country.
Charities, community land trusts and housing co-operatives in Somerset can apply for grants of between £10,000 and £50,000 for one or two years to make a change in their local area. The application process closes on 22 November 2019 and successful applicants will be notified by the end of February 2020.
Heidi Yorke, Associate Programmes Manager for the Nationwide Community Grants at Somerset Community Foundation, said: “Finding safe, affordable and sustainable housing is a growing challenge for communities across Somerset. That’s why we’re proud to work with Nationwide Building Society to fund the organisations tackling this issue on the ground and supporting those who need it most.”
Andrew Manning, Nationwide’s Regional Director for the South West region, added: “In 2007, our members voted for us to donate at least one percent of our pre-tax profits to good causes and asked that we focus on tackling housing issues.
“We recognise there is a housing crisis, resulting in many people living in unsuitable, insecure or unaffordable accommodation. So, to help make a real and lasting difference, we are aiming to make over £20 million available in grant funding for housing-related charities and organisations across the UK over five years. We are delighted to open the local application process and encourage housing related charities and organisations to apply so that they can collectively benefit from the £500,000 award that is available to communities.”
To see examples of projects previously funded through the programme, visit: https://www.nationwide.co.uk/about/why-choose-nationwide/social-investment/community-grants/overview
A Community Board, which is comprised of Nationwide members and employees, will review all the grant applications and award grants of up to a £50,000. The Board and Nationwide branches within the region will also be providing time and expertise to these charities.
Full details can be found at www.nationwide.co.uk/communityfunding, in local Nationwide branches in this region, by visiting www.somersetcf.org.uk/nationwide or by contacting Heidi Yorke: firstname.lastname@example.org