From January 2004 the revised public and private housing rental subsidy scheme will be phased in over three years to make a saving of £1.5 million per annum as part of States cost-cutting.It will bring increases across the board, including for pensioners, and taking invalidity and disability benefits as income.
Housing will:Introduce controls over eligibility to exclude tenants with at least £50,000 in liquid or fixed assets.Increase surcharges for adult children and non-dependants from £18 to £34 and £25 to £40 respectively.Increase the proportion of rent payable as a percentage of income to a minimum of 18.01 per cent, at an income of £133 per week, gradually increasing to a maximum of 26.34 per cent at a weekly income of £437 and above.Increase the minimum rent in line with the above increases.Remove the income disregard allowance for invalidity and disability benefits over a period of three years by making a one-third reduction.
