2023-2024-009: Migrant Rent Deposit Scheme

Tender description

Introduction and overview •The refugee rent deposit project will test a new model for providing rental deposits and wider tenancy sustainment support to refugees seeking to enter the UK Private Rented Sector (PRS), through a three-year pilot. Lot 1: Pilot Assumptions (exact numbers will be confirmed in the tendering documents): •Number of households supported: a minimum of 135 households over three years. Due to funding restrictions, we envisage that: o25% of overall target (over the 3 years) will be restricted to London oA min of 30% of the overall target must be displaced people from Ukraine. •Deposit allocation per household: oOutside London: £1,000 oLondon: £2,000 Budget available for delivery partner (final amount to be confirmed) Circa £240,000 over three years for direct delivery costs. This includes staff salaries and on-costs, overheads, training and travel, managing the ‘Moving-In Fund’, and project publicity & education materials. -Other funding available (for information only) Evaluation costs: circa £30,000 (please note there will be a separate tendering process to identify an external evaluator prior to project launch). Deposit fund available: appx £181,000 to achieve a target of 135 households over three years. ‘Moving in Fund’: An additional £67,500 will be available to enable the project to provide 135 one off move-in grants to refugee households of up to £500 each. 4.Contract Start Date: November 2023 (tbc) 5.Length of contract: 3 years (subject to achieving targets)