The challenge

The failure of the housing system in the UK is widespread.

Poverty among renters has doubled in the last decade, leaving millions trapped in insecure, expensive housing. Additionally, a shortage of supply, issues with regulation, affordability, access, quality and security continue to pervade this dysfunctional market.

And at the same time, deepening social and economic inequalities in the private rented sector are felt most acutely by those who are vulnerable and on low incomes. As rents continue to rise, the need for change – especially in high-cost areas – is urgent

A solution

The Young Foundation believes innovation can play an increasingly significant role in making the housing sector work better. We know innovators are working in communities up and down the country to tackle these issues including social lettings agencies, homeshare schemes, charities and social entrepreneurs.

Inspired by initiatives like Dot Dot Dot and Homes for Good, in 2017 we launched Reimagining Rent, a unique accelerator programme supporting innovative initiatives tackling many of the challenges presented by the Private Rented Sector.

The programme offers a 6 month course of free workshops, consultancy and access to experts, enabling participants to strengthen their model, demonstrate social impact and explore opportunities to scale. At the same time we continue to build alliances across the housing sector to increase attention on innovation and attract investment so that more people can have access to secure and affordable homes.

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Applying & More Information

Applications for our next cohort closed on Tuesday 28th May, 10am

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Reimagining Rent is funded by the Nationwide Foundation, a charitable funder aiming to increase the availability of decent, affordable homes for those in need.

If you have any further questions, please contact the team via email: innovate@youngfoundation.org