Nationwide Building Society is to offer cash support in the form of grants up to £50,000 that will go towards helping those feeling the effect of the country's rising cost of living.
With research showing the majority of people are worried about the rising cost of living, applications are now open for Community Grants. According to BirminghamLive, charities helping struggling households will be able to get cash sums from the building society for causes helping address financial hardship and housing issues among families.
The Community Grants programme awards charities, community land trusts and housing cooperatives grants of between £10,000 and £50,000. Nationwide says it will make £22 million in funding available to charities and organisations by 2023.