PRESENTATION OUTLINE
Successful Tenancies, Successful Places and The Hyde Charitable Trust
Our charitable trust supports both teams helping them try new things, building on sector best practice
Since July 2016 The Hyde Foundation does three things
Untitled Slide
- We work with vulnerable people to maintain their tenancies
- We pre-empt wider community issues and address them pro-actively
- We innovate and invent
Our target is to work with 2000 vulnerable tenants a year
Most referrals are for people with Money problems who owe us money
We looked at eviction rates among our referrals comparing those who engaged with those who did not
Because evictions cost a lot of money
And if you add in the money we save Hyde by reducing the arrears of tenants we work with...
Our cost benefit ratio is really positive
This is what it means to the people we work with...
Sally suffered from anxiety and agoraphobia
Because she had not reported changes to her circumstances her benefits stopped
Her arrears mounted and Hyde took her to court to recover them
We started to work with her....
Here's what we did
- Re-instated benefits & got a discretionary housing payment
- Cleared over £1000 of arrears and Sally now pays on time, every time
- Built confidence and helped her find a voluntary job
Here's Sally's full story in a handy video
https://www.youtube.com/watch?v=6O8Y5eQjLUISuccessful Places is a small team of advisers who work through partners to benefit our communities
The team have real impact reducing ASB where it is a problem
At the Propeller estate in Croydon
Some of our impact is measured using a social value calculator devised by HACT
We use three measures to calculate our social value
Volunteering, Young people and sports activities
That's a lot of social value
Look out for more performance updates as we reach our 1 yr anniversary in August 2017