Fund for European Aid to the Most DeprivedMarch 11, 2014
Hat: Commission welcomes final adoption of new FEAD
Funding Scheme: 2014-03-11
Pgm2014 2020: Yes
The Fund will have a budget of over € 3.8 billion for the programming period 2014-2020
The European Commission welcomes yesterday’s adoption of the regulation on the new Fund for European Aid to the Most Deprived (FEAD). The Fund will give Member States valuable support in their efforts to help Europe’s most vulnerable people, who have been worst affected by the on-going economic and social crisis.
In real terms, over €3.8 billion will be allocated to the Fund over the 2014-2020 period. Member States will be responsible for paying 15% of the costs of their national programmes, with the remaining 85% coming from the Fund.
The FEAD will support Member States’ actions to provide a broad range of non-financial material assistance including food, clothing and other essential goods for personal use such as shoes, soap and shampoo, to the most materially-deprived people.
The FEAD will also require that the distribution of material assistance is combined withsocial reintegration measures such as guidance and support to help the most deprived to get out of poverty.
Member States may also choose to provide only non-material assistance aimed at furthering the social inclusion of the most deprived persons.
The Fund will offer considerable flexibility to Member States, who will be able to choose, according to their own situation and traditions, the type of assistance they wish to provide (material or non-material assistance), and their preferred model for procuring and distributing the food and goods.
Url description: Press of the European Commission
Url info description: http://europa.eu/rapid/press-release_IP-14-230_en.htm