Assessment of funds available

Not available

A client has no funds available

Note for non-beneficiaries over the income limit for Housing Support Products or a Recoverable Assistance Payment this will apply if clients do not have any of their own funds.

Minimal

A client is considered to have minimal funds available for rent, bond and furniture if they have less than 75% of 4 week's lower quartile rent available from savings, a bond that will be returned to them, or Housing Support Products,  Advance Payment of Benefit or Recoverable Assistance Payment entitlement

Earmarked

A client is considered to have some funds available for rent, bond and furniture if they have more than 75% of 4 week's lower quartile rent available from:

• savings
• a bond that will be returned to them
• Housing Support Products, Advance Payment of Benefit or Recoverable Assistance Payment entitlement

but over half of these funds are earmarked for other use, such as power bond, moving costs

Available

A client is considered to have funds available for rent, bond and furniture if they have more than 75% of 4 week's lower quartile rent available from:

• savings
• a bond that will be returned to them
• Housing Support Products, Advance Payment of Benefit or Recoverable Assistance Payment entitlement

and less than half of these funds are earmarked for other use, such as power bond, moving costs