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This lifeline will come in the type of easy-to-access credit that is affordable My Residence Finance, a not-for-profit solution launched by the National Housing Federation (NHF) with help from leading housing associations along with other organisations.
The western Midlands pilot task has already been assisting a large number of low-income clients to borrow reasonably modest sums of aroundВЈ300 – usually to purchase everyday products such as for example an automatic washer or furniture, or even to repay expensive doorstep and pay day loans.
Erdington is amongst the latest improvements to your branch community -and neighborhood MP Jack Dromey will satisfy staff at Central Square Buying Centre on Friday, January 21, to listen to about their work also to carry out of the formal opening ceremony.
He shall be welcomed by My Residence Finance supervisor Itisam Akhtar and representatives from Bromford and Mercian Housing Association and also other housing associations that offer the solution. Representatives through the NHF, RBS and Wates Foundation will be there also.