Cash Pointers is a Big Lottery Funded project that aims to improve the financial skills and confidence of young social housing tenants. We currently work in partnership with several housing providers and advice agencies, but we are keen to work with any agencies that come into contact with young social housing tenants.
You can read more about the project on the Cash Pointers
We invite applications from organisations and community groups for the following community awards:-
Community Projects £500 - £5,000
To develop a community project that helps young social housing tenants to develop financial skills and confidence (e.g. budgeting, safer borrowing, understanding financial products etc).
The project itself will build on the interests of the young people e.g. sports, food, arts, community improvements, but through their planning and project development, the young tenants involved will demonstrate their learning and grow in confidence with financial matters.
The immediate beneficiaries need to be aged 16-25 and hold their own tenancies or licences in social housing (supported housing and hostel accommodation included).
We would expect at least eight young tenants to be involved who will each secure a range of learning outcomes. (The community project is likely to benefit a wider group, who may or may not secure outcomes related to money skills/confidence) .
Impact monitored through a simple before and after tool - https://myfinancialconfidence.org
A member of the Cash Pointers Team will offer advice and guidance to the project
In the past a group of young people running mini-community action projects through Merlin and Southern Brooks Community Partnerships spent a day making food parcels for the homeless in the first phase of a new initiative designed to improve their money management skills. You can read about the SAY project on the Merlin website.
"Delivering the Cash Pointers SAY project has enabled us to engage young people in group experiences, focused on getting smarter with their money whilst helping those in need in the local community. We have witnessed how the project has had a great impact on the young people, including a determination to make financial changes to help themselves for their futures."Lori Ramsay (Social Action Youth Coordinator, Southern Brooks Community Partnerships)
Ashley Community Housing have trained young Peer Mentors to support new tenants while Brentry and Henbury Children's Centre Young Mum's Group are using funds to organise a Christmas Party.
What could you do for your community?
Peer Mentoring Projects
£500 to £5,000
To train and support one/some young people to act as a Peer Mentors to at least 15 other young people (each) in the local community, providing information and signposting around financial confidence and capability.
The young people supported by the Peer Mentor must be young social housing tenants (including supported housing) aged between 16-25
The organisation receiving the award will host the Peer Mentor and help them identify young social housing tenants to speak to
A Cash Pointers Project worker will support the training of the Mentor. The host organisation may also offer training, in addition to day to day support.
Impact monitoring is through a simple before and after tool - https://myfinancialconfidence.org
For both projects,
there is an expectation of match funding. We would hope this would be at least 50% match funding or funding in kind, however we would be happy to discuss further if this presents a barrier.
For further information please contact Melanie Lavin firstname.lastname@example.org
Download the Cash Pointers Community Awards Application Pack