England will launch a new £1 billion emergency cash fund in April. The Crisis and Resilience Fund will provide financial aid to low-income individuals. People facing unexpected financial shocks can apply through their local council.
The fund begins at the start of April and will run for three years. Councils can distribute money to those experiencing sudden income loss or unexpected expenses. Job loss or a broken boiler are examples of qualifying events. The fund aims to prevent individuals from entering crisis situations.
The Local Government Association previously surveyed councils. Most councils expressed concern that the funding would be insufficient. The new fund replaces the Household Support Fund, which expires at the end of March.
The Household Support Fund was established in 2021 and repeatedly extended. The level of funding remains similar to the previous scheme. Councils had hoped for a larger allocation.
The government will release further details in the coming weeks. Local councils will begin accepting applications in April.
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