Trafford Housing Trust (THT) has become the first Housing Association in the UK to be accredited as a Living Wage Friendly Funder.
Trafford Housing Trust has played an active role in promoting the Living Wage both regionally and nationally for a number of year. It has done this firstly as an accredited Living Wage employer itself, but also through promoting the Living Wage to others in the sector.
THT encourages suppliers to pay the Living Wage, and support the Greater Manchester Living Wage campaign.
THT’s Social Investment Fund offers grant funding of up to £100,000 over 2 years, to charities which are tackling poverty and inequality.
Thousands of charities and funders have already embraced the Living Wage across the UK. However, low pay remains a real challenge across the sector.
Steve Hughes, Chair of Trafford Housing Trust’s Social Investment Board commented:
“Low pay is a significant contributing factor to the levels of in-work poverty we see across the UK.
“We’re honoured to become an accredited Living Wage Friendly Funder, so that we can play our part in supporting charities that we fund to pay their staff a real Living Wage.”
THT encourages others in the sector who have grants programmes to also consider whether accreditation could be relevant to their programmes. “Together, we can make a much greater impact,” Hughes concluded.
The UK’s minimum wage is currently £7.50 an hour, but the country’s ‘real’ living wage is considerably higher at £8.75, rising to £10.20 in London.
Tess Lanning, Director, Living Wage Foundation said: “We are delighted that Trafford Housing Trust has become the first Housing provider to achieve Living Wage Friendly Funder status.
“The support of organisations like THT in voluntarily signing up to pay the real Living Wage and encouraging others is making a real difference to people’s lives because the real Living Wage rate reflects the real costs of living.”