A report by the Independent Children's Homes Association (ICHA) found that half of all respondents to a survey indicated they would look to expand into the sector with "only a small minority" of providers of this type of service becoming ICHA members.
"It is an important message to policymakers looking at ways to stimulate growth in capacity across the combined sectors," The State of the Market 2020 report states.
"The profile of unregulated supported accommodation provision has been raised in the last year. Children’s homes providers give a strong indication in this survey that they would consider investment into this type of service only if it becomes more regulated."
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