£6 million will be used to buy 60 properties to provide long-term properties for homeless people in the Liverpool City Region.
Metro Mayor Steve Rotheram has announced plans to partner with impact investment firm Resonance, to invest the cash into helping some of the most vulnerable people in the region into new homes.
Under the plans, which the local leaders approved at a Combined Authority meeting on January 21, £1.5 million from the Combined Authority will be matched with £1.5m from the Rough Sleeping Accommodation Programme (a Department for Levelling up Housing and Communities Programme) and £3m from the Resonance National Homelessness Property Fund 2, to buy approximately 60 properties across the city region.
