Future Projects aims to tackle poverty, deprivation and disadvantage in Norfolk.
The cost-of-living crisis has had a significant impact on disadvantaged communities in Norfolk, with more families falling into rental arrears and problem debt, including high numbers of previously stable households.
The Foundation’s funding will help Future Projects to establish proof-of-concept for a new model which combines early-intervention support with financially incentivised debt/arrears reduction goals, to embed positive attitudes and habits and achieve sustainable financial resilience. This project is primarily targeted at those in, or at risk of falling into a ‘negative budget’ – where essential expenditure exceeds income.
The financial support that Future Projects provides aims to reach over 300 people over three years, which will be delivered alongside radio shows and podcasts that provide local tips and skills to help people manage their money matters.