The Chancellor announced that £45 million of banking fines will be committed over the next four years to support military charities and other good causes, including:

  • £4.5 million to help establish an Air Ambulance Service in Northern Ireland.
  • £5 million for a National Mesothelioma Centre, establishing a centre of research in the fight against mesothelioma, which is directly affecting Service Veterans.
  • £2 million matched funding for University Hospital Southampton Charity to help build a dedicated Paediatric Emergency and Trauma Department.

A further £12 million from the "Tampon Tax" has also been allocated to charities to support a range of good causes benefitting women, including:

  • £1 million for Breast Cancer Care to scale up their support services to women recovering from breast cancer.
  • £1 million for Girlguiding to develop, implement and evaluate a renewed Youth Programme and revitalise their national framework.
  • £449,000 for Karma Nirvana to extend the hours of a helpline to support victims of honour based violence and forced marriage and provide guidance to professionals tackling it.

The Government has also committed to grant-making partnerships with Comic Relief and Rosa Fund for Women to disburse tampon tax funding to a range of grassroots women’s organisations, in recognition of the high number of applications received from such organisations across the country. It will partner with Comic Relief to create a funding partnership of £4 million (including £1 million of match funding) to drive awareness of women’s issues and fund exceptional and varied partners to deliver; and Rosa Fund for Women will run a £2.2 million ‘Small Grants Fund’ for local grassroots organisations.

As announced as part of the Government’s deregulatory strategy for the housing association sector, the Pay to Stay policy will be implemented on a voluntary basis by housing associations, and the 1% annual reduction in social rents announced at Summer Budget 2015 will not apply to supported housing in 2016-17. The Government will also explore ways to extend homeownership to social tenants who cannot afford to take advantage of existing schemes. £60 million will be provided to enable community-led housing developments in rural and coastal communities, including through Community Land Trusts, where the impact of second homes is particularly acute. The South West will receive around £20 million of this funding.

Funding will be doubled for the Rough Sleeping Social Impact Bond from £5 million to £10 million, with the aim of driving innovative ways of tackling entrenched rough sleeping, including through ‘Housing First’ approaches. The Government will invest £100 million to deliver low-cost ‘second stage’ accommodation places for rough sleepers leaving hostel accommodation and domestic abuse victims and their families moving on from refuges; and provide a further £10 million over two years in initiatives to support and scale-up innovative ways to prevent and reduce rough sleeping, particularly in London, building on the success of the No Second Night Out initiative.

A new tax relief to encourage museums and galleries to develop creative new exhibitions and display their collections across the country will be introduced from 1 April 2017. This will be available for the costs of developing temporary or touring exhibitions and will follow a consultation on its design over summer 2016.

The Government will also provide £20 million across 2016-17 and 2017-18 to extend the First World War Centenary cathedral repairs fund, and set up a review into sustaining England’s churches and cathedrals to assess maintenance and repair pressures and examine how the sector can become more financially sustainable.

source fundingcentral