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06/04/2005
NI Social Fund gets £1.3m boost
The Department for Social Development today announced a £1.34 million cash injection for the Northern Ireland Social Fund, which will provide extra support for some of the most needy people in society.
Announcing the discretionary Social Fund budget for 2005/2006, the Department said that a total of £59.59 million will be available for those people who need help and support.
The total includes £46.17 million for Social Fund loans, an increase of £0.66million over last year. The amount available for grants has also increased by £68,000.
The Social Fund, which helps people on low incomes with expenses that are difficult to meet from their regular income, has two elements.
The first is the Discretionary Fund budget which is funded by the Department of Finance and Personnel, and covers Budgeting Loans, Crisis Loans and Community Care Grants.
The second is the Regulated Fund which covers Funeral Payments, Sure Start Maternity Grants, Cold Weather Payments and Winter Fuel Payments.
(MB/SP)
Announcing the discretionary Social Fund budget for 2005/2006, the Department said that a total of £59.59 million will be available for those people who need help and support.
The total includes £46.17 million for Social Fund loans, an increase of £0.66million over last year. The amount available for grants has also increased by £68,000.
The Social Fund, which helps people on low incomes with expenses that are difficult to meet from their regular income, has two elements.
The first is the Discretionary Fund budget which is funded by the Department of Finance and Personnel, and covers Budgeting Loans, Crisis Loans and Community Care Grants.
The second is the Regulated Fund which covers Funeral Payments, Sure Start Maternity Grants, Cold Weather Payments and Winter Fuel Payments.
(MB/SP)
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