Issue - decisions
Approval of Financial Inclusion Innovation Fund Awards
16/03/2020 - Approval of Financial Inclusion Innovation Fund Awards
Resolved: That approval be given to the award of £100,000 of grants to fund the following six projects to deliver financial inclusion activities in the city:
1. 5,500 to the Older Citizens Advocacy York (OCAY) Benefits Advocacy project to provide advocacy support to help with applications, assessments and appeals
2. £13,000* to the Citizens’ Advice York Financial Inclusion at GP surgeries project to continue to develop co-ordinated advice work located in GP practices
3. £30,026 to Citizens’ Advice York Advice, Information & Budgeting in community settings project to continue to provide and develop community settings for advice
4. £23,426 to the Peasholme Charity My Money, My Life project to continue delivery if its financial capability pathway service
5. £12,898 to the Welfare Benefits Unit Universal Credit Focus project to continue to provide second tier in depth support to advisers
6. £15,150* Changing Lives Financial & Social Inclusion Worker project to support vulnerable and hard to reach residents to gain financial independence.
* Note: two bids were partially funded
Reason: To ensure that funds set aside to support the delivery of financial inclusion activity are allocated appropriately.