Croydon Council is set to pump millions into households at risk of homelessness to get private rented properties.

The proposed £15m would be added to the £30m that has already been invested in the Real Lettings Fund, a joint scheme with the St Mungo’s charity that manages long-term housing for 151 homes.

Through funding the households, which range from studio flats to three-bedroom homes, the council claim that they have been able to house 169 people and cut its B&B bill by more than £1m.

Councillor Alison Butler, cabinet member for homes, regeneration and planning, said: “I’m proud of our £30m investment in the Real Lettings Fund, which has already given a decent long-term home and jobseeking support to 150 Croydon households, but we recognise there is a housing crisis in Croydon and we need to do more.

“If the cabinet approves this further £15m investment, it will support dozens more households into a place of their own, help tackle demand and further cut our use of emergency accommodation, which is not only bad for families but expensive for the council.”

The council will decide whether to approve the additional fun at a cabinet meeting on Monday, December 12.

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