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Bond Grant : Contents

Able to obtain and retain accommodation

To qualify for a Bond Grant, MSD must consider whether the client is likely to be able to get and keep the accommodation the bond is for.

MSD will need to discuss with the client whether they can likely afford (with any financial assistance, income and other resources available to them) to get and keep the accommodation, including the ongoing costs of the accommodation.

A client may be considered as being likely to get and keep accommodation when:

  • the proposed rent will generally not be over 60 per cent of their net income (and their partner's, if any) taking into account the client's individual circumstances and
  • MSD has discussed the client's budget, or have other evidence showing they can manage their future outgoings

For more information see:

Qualifications

Legislation

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Accommodation Supplement - the amount that the client would be entitled to, based on the market rent for properties in the area where the client needs to live

Temporary Additional Support - the amount that the client may be entitled to, based on their income and assets, and the actual costs of the alternative housing.

Accommodation for Housing Support Products means the premises that a client occupies or intends to occupy as a home for the purpose of accommodation.

A premises is considered accommodation regardless of whether or not the Residential Tenancies Act 1986 applies, but does not include the following: