Councils won’t see changes to the New Homes Bonus (NHB)
this year. At the LGA local government finance conference, Sajid Javid
acknowledged that “the appetite for change wasn’t there.” Javid stood by the
near £7bn in NHB payments he said had “rewarded” the building of 1.4 million
homes – confirming over £946m in NHB payments will be allocated in 2018-2019.
Javid said: “The sector wanted continuity and certainty and that’s what it’s
getting, no changes to the NHB this year and a baseline maintained at 0.4%.”
Read more on 24housing.
No comments:
Post a Comment