Many beneficiaries will receive a transfer from the CAF that is a little larger than what they are used to receiving…
To be able to afford housing, food and a decent life, many low-income households rely on social benefits. In a context where the cost of living is rising faster than wages, these benefits provide crucial financial support for many. They help avoid over-indebtedness, support families going through difficult times, such as job loss or unexpected medical expenses. Without these benefits, many would find themselves in situations of severe precariousness. One of these benefits will soon be revalued…
Indeed, starting October 1, the Family Allowance Fund will apply the annual increase to one of these flagship allowances, which is aimed at families, couples, single people and young people. These are personalized housing assistance, more commonly known as APL. They provide financial support to low-income households to help them pay their rent or repay a mortgage. They are paid directly to eligible tenants or owners, and their amount varies depending on the household’s resources, the type of housing, its location and the number of dependents. In short, they reduce the cost of housing for tenants.
This good news concerns nearly 5.6 million French people who receive APL, but also the social housing allowance (ALS) and the family housing allowance (ALF). The increase in aid is calculated based on the increase in the rental reference index (IRL) observed by the National Institute of Statistics and Economic Studies (Insee) in the 2nd quarter of the year.
And as INSEE points out in its latest report, in July 2024, this index stood at +3.26% in the second quarter, in mainland France, overseas and Corsica. As a result, APL should be revalued by 3.26%, the CAF informed various media. The announcement will be official once the decree is published in the Official Journal in a few days.. Previously, this revaluation was effective on January 1, but since 2014, it has taken place on October 1. As an indication, last year, it was 3.5%.