A £1m grant fund for charities working with disadvantaged children and young people has been launched by LandAid, a grant-giving foundation backed by the property industry.

Capital grants worth £75,000 to £150,000 are now available for UK registered charities interested in carrying out building projects across the UK.

The grants are for building projects from charities supporting socially or economically disadvantaged children or young people up to 25 years old. They will be awarded to charities working with the homeless, providing safe environments for education, or offering life skills or rehabilitation for troubled youths.

 “Thanks to the collective effort and generosity of its property industry partners, each year LandAid commits at least £1million in funding for buildings and facilities to help some of the UK’s most vulnerable children and young people.” said Joanna Averley, chief executive of LandAid.

LandAid expects to award up to seven charities grants of average £100,000 in the year to March 2016, and also to award up to a further seven grants of average £100,000 in the following year. The deadline for submissions for the first tranche of funding is Monday 20 October.

Full details on the grant programme and how to apply are available here.

In addition to monetary support, charities can also apply for free professional property advice from LandAid.