The fund aims to support households with small grants
Vulnerable renters in need of financial support as a consequence of the pandemic will be aided by a new 500 million pound fund announced by the UK government.
The Household Support Fun will be available for households in the United Kingdom to apply for over the coming months, aimed at helping people afford basic essentials through the tough winter months.
??The Household Support Fund will assist households through small grants so that they can meet daily needs and purchase essential daily items such as food, clothing, and utilities.
Work and Pensions Secretary Therese Coffey spoke about the government’s help of individuals over the last year, explaining that they had “helped millions to provide for their families,” adding that “many are now back on their feet but we know that some may still need further support.
“Our targeted Household Support Fund is here to help those vulnerable households with essential costs as we push through the last stages of our recovery from the pandemic.”
The support comes as figures display a record number of people seeking financial and mental support post-pandemic.
“The 500 million pound Household Support Fund provides 421 million pounds to help vulnerable people in England, with the devolved administrations receiving almost 80 million pounds,” reads gov.co.uk. “The funding is primarily being used to support households with the cost of essentials, although councils have flexibility to best address local needs. At least 50 percent of the funding is reserved for households with children.”
In England, the funds will be distributed by local councils, with money having been made to local authorities last month – in October.
The fund will run throughout the winter months, and those needing to apply should contact their local council.
For other nations in the United Kingdom, it has been said that the Barnett formula will apply as standard.
“The 65 million pounds will be available through the winter months and households at risk of eviction or homelessness should contact their local council if they require support,” reads gov.co.uk. “The fund recognises the impact the pandemic has had on households in the private rented sector with the lowest income.
“It is for councils to determine the best way to support each household on a case-by-case basis.
“Any payment is likely to be paid directly to the existing landlord, or a new landlord if the money is being used to support a household to find a new home.
“The government is grateful to landlords for their support and the funding will mean more of them will be able to reach agreements with existing tenants.”
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Household Support Fund: What is it and how to apply? – MARCA.com