Fair Chance Fund: Payment by results through Social Investment Bonds


The DCLG and Cabinet Office are inviting expressions of interest from service providers for a payment by results programme of up to £15m to improve outcomes for a group of young, homeless people (predominantly 18 to 24 year olds) whose needs are difficult to address using existing services but, if not addressed, are likely to lead to long term benefit dependency, health problems and increased crime.

Providers will be required to demonstrate that they:

•             have a positive track record of working with vulnerable young people;

•             have the ability to work successfully with the identified client group to achieve positive accommodation, and education, employment and training  outcomes;

•             have support in applying for this scheme from at least one local authority; and,

•             are able to demonstrate that they can identify the client group they intend to work with.


Expressions of interest will be assessed as set out in the Expression of Interest form and  those passing the assessment  will be invited to submit full bids in May.


For further information:

Click here for funding specification

Click here for application

To view payment by results presentation slides from DCLG click here

Click here for the Unit Cost Database tool.



To discuss any queries you may have concerning the fund. You can contact:

Tim Gray –, Tel: 030 344 43758

Alice Bradley –, Tel: 030 344 43105



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Youth Homeless North East
MEA House
Ellison Place
Newcastle upon Tyne

Tel: 0191 255 1911