The funding will back parenting programmes in England and Wales, including those for foster carers and residential care workers, to help parents and children develop positive behaviours.
Family therapy schemes, initiatives to reduce conflict between parents and children, as well as domestic abuse prevention programmes will also be backed.
The fund, called A supportive home - helping families to overcome challenges, has been launched jointly by charities Youth Endowment Fund and Comic Relief following a four-month consultation.
This involved more than 450 people, including community and youth workers, teachers, police officers and social workers.
According to the charities the consultation highlighted a need to focus on family support and tackle challenges in young people's lives such as domestic abuse, substance misuse and where relatives are involved in crime.
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