The $928 Low-Income Family Payment for 2024 is a proposed Canadian government initiative intended to support families struggling with basic expenses like housing, utilities, and food.
This financial aid program, expected to be facilitated by the Canada Revenue Agency (CRA), would provide automatic payments to qualifying households. Here’s a breakdown of eligibility, how payments will be disbursed, and the process for applying.
Overview of the $928 Low-Income Family Payment
This program aims to assist low-income households with rising costs of living, especially given the impacts of inflation. Eligible households can expect to receive the payment as a direct deposit, which makes access faster and more convenient.
| Program Details | Information |
|---|---|
| Payment Amount | $928 per eligible household |
| Purpose | Financial aid for low-income families |
| Beneficiaries | Low-income Canadian residents |
| Disbursement Method | Direct deposit or paper check |
| Facilitating Agency | Canada Revenue Agency (CRA) |
| Application Requirement | Automatic for existing benefit recipients; new applicants may need to apply |
Key Highlights
- Program Type: Low-income financial aid program
- Primary Benefit: $928 payment to support basic household needs
- Mode of Payment: Direct deposit to eligible recipients’ bank accounts; paper checks for those not enrolled in direct deposit
- Administration: Payments will be processed by the CRA without additional applications for current beneficiaries
Eligibility Criteria
The eligibility requirements focus on residency, income, and current participation in other CRA benefits. Here’s a closer look:
- Residency Requirement:
- Must be a Canadian citizen, permanent resident, or individual with valid residency status.
- Income Threshold:
- Income limits vary by family size, typically capped at around $21,000 annually for a family of four. Eligibility may include proof of income documentation.
- Automatic Qualification for Existing CRA Beneficiaries:
- Households already receiving other CRA-administered benefits, such as the Canada Child Benefit, will automatically qualify and do not need to apply.
- No Age Restriction:
- Unlike some assistance programs that are exclusive to seniors, this payment is available to any qualifying low-income family.
Payment Schedule for 2024
The CRA is expected to start disbursing payments by direct deposit to eligible families this month. For those not enrolled in direct deposit, paper checks will be mailed. Here’s the expected timeline:
- Direct Deposit: Payments should appear in bank accounts throughout the month, with exact dates varying.
- Paper Checks: If receiving a paper check, anticipate delivery around October 9, 2024.
Recipients are encouraged to check their bank accounts or mail regularly during this period.
How to Apply for the $928 Low-Income Payment
For families already receiving other CRA benefits, no additional application is required. The payment will be processed automatically. For new applicants, follow these steps:
- Visit the CRA Website:
- Go to www.canada.ca and navigate to the CRA benefits section.
- Locate the $928 Low-Income Family Payments Program:
- Search for the specific program in the benefits section and open the application form.
- Complete the Application Form:
- Fill out all required fields accurately, and provide necessary supporting documents, such as proof of income.
- Submit the Form:
- Review the application carefully to avoid errors, which could delay approval or disbursement.
- Wait for CRA Confirmation:
- Once submitted, the CRA will review the application and notify applicants of their eligibility status.
Important Notes
- Direct Deposit Enrollment: Setting up direct deposit with CRA can expedite payment.
- Document Accuracy: Ensure all information is correct and complete, as discrepancies could lead to delays.
Fact Check on the $928 Low-Income Family Payment
As of now, this program is rumored but not officially announced by the CRA. Canadian citizens are advised to verify updates on www.canada.ca or consult CRA announcements to confirm eligibility, payment schedules, and application requirements.
The $928 Low-Income Family Payment could provide significant relief to qualifying families as they navigate essential expenses. Following CRA updates and verifying eligibility requirements will ensure you can benefit from this program if it is officially implemented.
