Social impact bond initiative launches to reduce number of children in care

Five London boroughs have joined forces to launch a therapeutic care programme funded with a £4.5m social impact bond, in a bid to keeping more than 350 vulnerable young people out of care.

 Lisa Barclay, director of Social Finance, said many of the 10,000 young people in care in London could remain safely with their families given the right support. Picture: Social Finance

The Positive Families Partnership has been jointly commissioned by Sutton, Tower Hamlets, Bexley, Merton and Newham councils and is designed to support 350 young people involved in antisocial behavior or substance abuse who are at risk of being taken into care.

Read the full article on this link to Children and Young People Now

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