The Positive Families Partnership has been jointly commissioned by Sutton, Tower Hamlets, Bexley, Merton and Newham councils and is designed to support 350 young people involved in antisocial behaviour or substance abuse who are at risk of being taken into care.
As part of the initiative, young people will be offered access to therapy aimed at addressing their behavioural issues as well as improving their family life.
The £4.5m social impact bond is funded by Bridges Fund Management. The three organisations involved in delivering the support, Family Psychology Mutual, Family Action and the South West London & St George's Mental Health Trust, will only be paid if they succeed in achieving targets, which include keeping young people out of care.
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