Subject Predicate Object
kWek2MHW
a
Resource
Answer
Written answer
answer has question
jcR8Lj8b
answer has answering person
Miriam Jane Alice Davies
answer text
<p>The Secretary of State for Work and Pensions reviews Local Housing Allowance annually and in doing so considers the impact of rental costs against the wider fiscal context.</p><p> </p><p>In 2021/22 the Government spent almost £30 billion to support renters in both the private and social rented sector. This is forecast to rise to £31 billion in 2023/24.</p><p> </p><p>As announced in the Autumn Statement, from April 2024 the Government will be investing £1.2 billion to increase Local Housing Allowance (LHA) rates to the 30th percentile of local market rents. This significant investment will ensure 1.6 million private renters in receipt of Housing Benefit or Universal Credit will gain on average, nearly £800 per year in additional help towards their rental costs in 2024/25.</p><p> </p><p>For those who face a shortfall in meeting their housing costs and need further support. Discretionary Housing Payments (DHPs) are available from local authorities. Since 2011 the Government has provided nearly £1.7 billion in DHP funding to local authorities.</p><p> </p><p>Overall, the Government is providing total support of over £104 billion from 2022/23 to 2024/25 to help households and individuals with cost of living pressures.</p>
answer given date
answer has answering body
Department for Work and Pensions
written answer has answering body
Department for Work and Pensions
Department for Work and Pensions
answering body has written answer
kWek2MHW
answering body has answer
kWek2MHW
jcR8Lj8b
question has answer
kWek2MHW
Miriam Jane Alice Davies
answering person has answer
kWek2MHW