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£70,000 of funding available from the TDS Charitable Foundation

Just four weeks left to apply for funding applications.

The Negotiator

Organisations that support landlords and tenants have just four weeks left to apply for a share of a £70,000 funding pot from the TDS Charitable Foundation.

The TDS Charitable Foundation has this year increased the amount of money available to fund innovative projects that benefit the private rented sector and is urging people to submit their bids before the deadline on Wednesday 10th August.

This year, the TDS Charitable Foundation, is also looking to make funding available to commission a feasibility study into establishing a dedicated research centre for the private rented sector in England and Wales.

The TDS Charitable Foundation has given out more than £175,000 in grants since it was established by TDS, the UK’s largest insurance backed tenancy deposit scheme, in 2014. As the only not-for-profit scheme in its industry, TDS is committed to raising standards in the private rented sector.

Funding imageOrganisations that have successfully applied for funding in the past include Designs on Property Ltd, which was awarded £15,000 to fund an independent report into the typical buy-to-let investor.

Industry expert and report author Kate Faulkner said, “Without the funding from the TDS Charitable Foundation we would not have been able to carry out this independent research, which I believe is vital if we are to fully understand the industry in which we work and start challenging the misperceptions surrounding the private rented sector.

“I’d never applied for funding before but there was plenty of support available at every stage of the process and I would really encourage anyone who thinks they have a project that meets the objectives of the Foundation to apply.”

Martin Partington imageProf Martin Partington (left), Chairman of TDS and the TDS Charitable Foundation, said: “Our not-for-profit status enables us to use part of our surplus income to raise standards in the industry we serve by reinvesting in education and training and promoting best practice, and as organisation this is something we are passionate about.”

For more information on how to submit a bid for funding before Wednesday 10th August, visit www.tdsfoundation.org.uk. The successful applicants will be announced in the autumn.

July 10, 2016

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