£80m Life Chances Fund

The government has announced an £80m Life Chances Fund (LCF) 'to provide payment-by-results contracts for locally developed projects by socially minded investors'. Contracts must be locally commissioned and aim to tackle complex social problems.

The LCF has six themes and it has now issued a call on the last theme - Older people’s services.

The priority is for proposals that help maintain independent living, focusing on outcomes that support hospital discharge and reduce or delay long-term admissions to care homes.

The call says that they would ideally like to see proposals that put older people in the lead of designing the services they receive.

Housing adaptations, assistive technology and Telecare are specifically mentioned as examples of interventions that can enable older people to live more independently and stay in their own home, delaying admission to residential care.

Reducing injuries from falls are cited as an opportunity for Social Investment Bonds to be applied.

Living in poor housing conditions is included in the list of factors that can put older people at risk of developing a health condition or injuries.

The deadline for Expressions of Interest is 14th September 2017

Find out more and apply