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Generation Rent is Given £45,000 to Fight for Rent Controls
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Generation Rent is Given £45,000 to Fight for Rent Controls
Tenant group Generation Rent has been given £45,000 to fight for rent controls.
The organisation is currently facing a financial dilemma and could face collapse.
The money was awarded by the Joseph Rowntree Foundation, in a bid to boost Generation Rent’s campaign ahead of the London Assembly elections in May 2016.
However, the £45,000 donation has been given separately from the group’s current fundraising venture to avoid closure.
Generation Rent has turned to crowdfunding to raise £60,000 by the end of this month. Yesterday, with just 14 days left, it had hit £11,785.
The campaign was launched after the Nationwide Foundation said it would no longer make any donations to Generation Rent.
Betsy Dillner, Director of Generation Rent, says: “As the Joseph Rowntree Foundation grant is intended for a particular campaign, it does not count towards our wider crowdfunding effort. It is nevertheless a huge boost to our organisation.”1
