Families could soon get a £94 payment from the Household Support Fund, check if you're eligible

More support is available for thousands of cash-strapped British families, the Government reveals.

The funds come from the Household Support Fund (HSF) - a large pot of cash worth £842 million - and are distributed through the councils that decide who gets them and how much.

The financial boost depends on the number of children in the household. Find out if yours is eligible.

Meanwhile, DWP issued a warning over text scam that promises Brits £750 cost of living payment.

They are also handing out 'special payments' to thousandsfollowing historical system errors.

In addition to that, the Government has just announced a 'bonus' for millions in receipt of certain benefits.

A cash boost worth £94 can land in your account in a matter of days

HSF is a Government scheme that was first launched in October 2021 to help struggling householdscope with rising prices in the aftermaths of the Covid-19 pandemic and later on - the cost of living crisis.

The pot of cash is now worth £842 million and is distributed through the councils, allowing them to decide what groups of the population receive the financial boost.

While some local authorities offer food and energy vouchers, others make bank transfers directly to the accounts of those in need.

Residents in the borough of Walsall Council who are in receipt of council tax reduction and have children in the household are set to get cash straight to their bank account.

The first instalment of the total amount of £140 per child was made in April and the second one is planned within a matter of days in August.

If you are a family with two children,expect £94 to land in your bank account in time for the back-to-school shopping season.

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Here is who is eligible for financial support

To receive the much-needed cash you need to make a direct application.

The eligibility criteria include having children aged 16 and under, being a resident of Walsall, suffering from financial hardship, not receiving adequate support through another government scheme and being responsible for rent, mortgage, gas, electric or water bills.

Combined household capital shouldn’t exceed £6,000 for those who apply while a total yearly income has to be under £25,000 gross for a single claimant or £30,000 gross for the joint ones.

Successful applications will result in payments made directly into their bank accounts.

Those interested and eligible will need to register and create an account on the Government's website in order to make an application.

According to Walsall Council, other help may be available for certain households in rented accommodation and at risk of eviction due to rent arrears.

The local authority can also dip their hand in Walsall's Local Welfare Provision Scheme for those who struggle most.

If you don’t live in Walsall, find out what help is available via your local authority by typing your postcode into the Government's council locator tool.

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⋙ Here is what you should do if you find money on the street

Sources used:

- The Sun: 'Families to get £94 cost of living payments direct into bank accounts in DAYS – are you eligible?'