Stamford Housing loan and grant schemes in Lincolnshire

Stamford Housing Trust provides help to both young people and another part of the organisation will assist anyone that is threatened by homelessness in Lincolnshire, no matter their age. Not only will the charity try to find a home for residents as well as help them pay the security deposit to get them off the streets, both other programmes are used to keep them stable.

SHYP House, as well as the service that is aimed at young people, has been operating for over 20 years. More recently the SHYP supported accommodations has been opened as well in the city of Stamford, and this provides shelter for as many as 10 young people from Lincolnshire.

Financial aid for rent deposit and other housing expenses

There are a few different sources of funds that SHYP House offers clients. They range from interest free loans to directly providing items (such as furniture or clothing) to grants as well. The form of assistance offered will be determined after an assessment of the applicant.

Interest free loans can be provided to help pay for some or all of the rental deposit on private sector housing. The money from SHYP can also be used for other costs involved to move into the Lincolnshire property, and those bill will be approved by the not-for-profit on a case by cases basis.

Other uses of the money can be for the rent in advance due to the landlord, agent fees incurred when seeking the flat in he county, and maybe other costs. As part of the loan scheme, the applicant will need to repay the money to Stamford Housing Trust on a monthly basis. This payment plan needs to be agreed to before any money is issued to the prospective tenant.

Grants from SHYP can also be used. This will help people that have received a loan noted above, or a this source of funds can help people in other situations as well. Other clients of the grants may be victims of domestic violence. The funds can be used for paying bills that result from job training, education, or other housing needs.

The aim of the organisation is to stop and reverse homelessness. So they offer ongoing support to current tenants as well as the homeless that are seeking a property. Additional programmes from SHYP include Start-A-Fresh and signposting. The aim is to keep the person in their home over the long term and stop a future eviction.

The amount of financial aid from the charity is limited as it totally relies on donations from the community. All of the money will be used to help individuals from the Stamford as well as Lincolnshire area that are dealing with accommodation problems.

An application will be needed for this loan scheme. The main phone number is 01780 754827. Or Lincolnshire County residents can drop in at Christ Church, Green Lane, in Stamford to get more information.