Staff and residents at YMCA East London’s (FYMCA) couldn’t contain their excitement as five mYPads arrived at the youth homelessness charity’s Forest Road Headquarters on 4th April 2014.
YMCA East London Chief Executive, Timothy Pain, said, “It’s a very exciting day for us all and the start of something very special. We’ve worked hard to bring the mYPad project to life and are completely overwhelmed by the worldwide response that the concept has received so far. We’re all looking forward to seeing the positive impact living in a mYPad will have on our residents on their journeys to independence, and eagerly await their feedback once they are living in them. There’s still some more work to be done and today marks a monumental step in the project’s journey.”
mYPads are part funded by the Greater London Authority (GLA) following a successful bid by FYMCA for a grant of £645,000. The funding secured will enable YMCA East London to develop 30 mYPads; 10 at its main site in Forest Road in Walthamstow and 20 on a brownfield site in Coopers Lane in Leyton by mid-2014.
YMCA East London’s innovative mYPad scheme has been developed as a direct response to the financial issues FYMCA’s residents face once they have secured full time employment, such as the loss of housing benefit entitlement and not having enough money to rent accommodation privately.
The mounting costs of renting privately are often unmanageable and many young people find themselves in debt and ‘back to square one’ – homeless. At a rental cost of £70 per week the containerised units are tipped as a strong contender in the solution to the affordable housing crisis.
The accommodation will enable YMCA East London’s residents to live independently, while at the same time saving funds for that all-important first deposit.
For more information visit our mYPad page.