The dormant assets scheme has already distributed over £600m for the benefit of good causes. The Dormant Assets Commission, which reported on the feasibility of expanding the scheme in 2017, estimated that there may be up to £2bn of additional dormant assets that could be transferred into the scheme. This could significantly increase the quantity of funds available for good causes across the country.<\/p>
<\/p>
Building on the work of the Commission, and supported by HMT and DCMS, four senior industry leaders published a blueprint in April 2019 for broadening the scheme to include assets from the insurance and pensions, investment and wealth management, and securities sectors. Quantifying dormancy was not within the scope of this work.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4513", "label" : {"_value" : "Biography information for Mims Davies"} } , "answeringMemberConstituency" : {"_value" : "Eastleigh"} , "answeringMemberPrinted" : {"_value" : "Mims Davies"} , "dateOfAnswer" : {"_value" : "2019-04-10", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-04-10T15:13:55.3Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "10"} , "answeringDeptShortName" : {"_value" : "Digital, Culture, Media and Sport"} , "answeringDeptSortName" : {"_value" : "Digital, Culture, Media and Sport"} , "date" : {"_value" : "2019-04-05", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Civil Society: Finance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Digital, Culture, Media and Sport, if he has made an estimate of funds that will be made available to the civil society sector under the Dormant Assets Scheme.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4268", "label" : {"_value" : "Biography information for Steve Reed"} } , "tablingMemberConstituency" : {"_value" : "Croydon North"} , "tablingMemberPrinted" : [{"_value" : "Mr Steve Reed"} ], "uin" : "241433"} , {"_about" : "http://data.parliament.uk/resources/1110004", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1110004/answer", "answerText" : {"_value" : "
We do not track homelessness at Jobcentre level so the assessment asked for is not available, but statutory homelessness and rough sleeping figures for Croydon are available within Ministry for Housing, Communities and Local Government\u2019s homelessness statistical release: https://www.gov.uk/government/statistical-data-sets/live-tables-on-homelessness<\/a>.<\/p> <\/strong><\/p> The causes of homelessness are numerous, varied and complex.. A joint study between the Department and the Ministry for Housing, Communities and Local Government, has shown that there is not a direct causal link between welfare and homelessness. This report was published on 25 March 2019 and can be found at: https://www.gov.uk/government/publications/causes-of-homelessness-and-rough-sleeping-feasibility-study<\/a>. Attributing homelessness to a single Governmental policy would simplify the issue, and this approach would wrongly deny it the multi-faceted approach which we\u2019re committed to delivering.<\/p> <\/p> It is our priority to ensure that those who are homeless, or at risk of homelessness, get the appropriate support to stabilise their lives and move into work. We have provided around £1 billion in Discretionary Housing Payment funding since 2011 to protect the most vulnerable claimants.<\/p> <\/p> There is a range of support available for people who are homeless or at risk of homelessness, such as access to Alternative Payment Arrangements, easements to work-search requirements and partnerships between Jobcentres and homeless charities and housing services. By law, work coaches in England must offer a voluntary referral to claimants they consider may be homeless or threatened with homelessness to a Local Housing Authority.<\/p> <\/p>