The money is being distributed by 17 community foundations, which are charity run groups that coordinate grants and investments locally.
Each is working with their region’s local authorities to hand out the funding, which has been raised by council investment group Local Authorities’ Mutual Investment Trust (LAMIT), with match funding from the community foundations involved.
Projects that tackle homelessness, unemployment, and a lack of long-term support for those leaving care will be among those funded through the programme.
This includes a project in the West Midlands involving the region’s Heart of England Community Foundation and a raft of councils including Birmingham as well as district councils in Warwickshire and Worcestershire. This will offer support to care leavers in “difficult situations”, including homelessness.
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