William Eichler 02 December 2022

Combined authority invests £9m in local social enterprise

Combined authority invests £9m in local social enterprise image
Image: Andy Street, Mayor of the West Midlands (left) is shown round one of the refurbished properties by Cornerstone's Gavin Mullaley.

A social enterprise in the West Midlands is set to greatly increase the number of properties it owns thanks to a £9m investment by the combined authority.

Tamworth-based social enterprise Cornerstone currently operates 224 properties and since starting in 2018 it has worked closely with the region’s local councils to house more than 500 homeless families and individuals.

Thanks to the £9m funding boost from the West Midlands Combined Authority (WMCA), Cornerstone will now be able to acquire a further 55 properties.

Andy Street, Mayor of the West Midlands and chair of the WMCA, said: ‘This WMCA funding for Cornerstone demonstrates our commitment to tackling homelessness by ensuring no one, especially our most vulnerable citizens, are left behind.

‘The work that Cornerstone does is incredibly important – not just for those people who are, or at risk of becoming homeless but also for our local councils by providing them with a high quality but cheaper alternative to using local hotels.’

Cornerstone co-founder Dean Starr said: ‘We’re really pleased to have secured the backing of the WMCA to assist us in continuing our mission to bring more affordable and suitable accommodation to homeless residents across the West Midlands and Warwickshire.

‘We know first-hand the challenges that lie ahead for many families in the region, but by directly partnering with local councils we’re delighted, as a homegrown West Midlands business, to be able to play our part in deploying investment into local properties and supporting families.’

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Democratic Services, Elections & Monitoring Officer

Harborough District Council
Grade 12 £67,236 – £71,223 plus £3000pa Statutory Officer Allowance
We are looking for an accomplished and proactive leader for our vacant post of Head of Democratic Services & Elections Market Harborough, Leicestershire
Recuriter: Harborough District Council

Deputy Manager, Children’s Homes Service

Durham County Council
Grade 11 £40,777 - £45,091 (Starting salary within the grade range will reflect relevant experience for external candidates)
We have a fantastic opportunity to welcome you to be part of growing and innovative team. We are expanding our current Children’s Residential offer an Durham
Recuriter: Durham County Council

Social Worker

Durham County Council
Grade 9 £35,412 - £39,152 (Pre-Progression)/ Grade 11 £40,777 - £45,091 (Post-Progression)
Are you a social worker who has completed the assessed and supported year in employment and keen to be part of transforming the way we work with child Durham
Recuriter: Durham County Council

Early Years Practitioner - Level 2 Qualified - FT and PT

The Royal Borough of Kensington & Chelsea Council
Negotiable
Bring energy, care and creativity to the start of a child's journeyBring energy, care and creativity to the start of a child's journeyAs an Early Year England, London, City of London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Short Break Practitioner

Wakefield Council
£32,061.00 to £34,434.00, Grade 7
The Complex Care Needs Team in Wakefield is seeking to appoint a dedicated and compassionate Short Break Team Worker Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner