Homes for the homeless
Y-Foundation has over 16 650 apartments and operates in over 50 cities and municipalities in Finland. They are the fourth largest landlord in Finland.
The Y-Foundation offers rental homes for people experiencing homelessness and those who are under a threat of becoming homeless. Cities, municipalities and their property companies sublet our apartments to their residents in need of an own home.
Their mission is to enhance social justice. They do this by developing social housing to the largest Finnish cities lacking affordable housing. Their building projects are based on local needs.
Y-Foundation builds housing units where support services are easy to arrange. They also develop and build state-subsidised rental homes under M2-Kodit. The Y-Foundation also acquires rental dwellings by purchasing individual apartments from housing companies on the free market.
The work they do relies heavily on our solid expertise on issues relating to homelessness and the Housing First principle. Their wide knowledge is based on a strong co-operation with municipalities and NGO’s. They also do research on homelessness.
Homelessness or its threat can face anyone. New city, unemployment, substance abuse, lost credit rating or a change in the family situation can affect the living situation.
Around 7 100 people are homeless in Finland at the moment (ARA 2018).
In the European scale homelessness is not a major is issue in Finland, but this does not reduce the seriousness of the situation. Homelessness numbers go up everytime a social or financial crisis occurs.
A home for all is the basis of our work. We are actively involved as a national developer of the Housing First principle, which is gaining ground all over the world.
In our work we try to support our residents social and financial well-being. We also provide new solutions and knowledge on housing, like employment activities.
The purpose of our employment activities is to provide employment to our tenants and increase their employment opportunities.