New Homes Bonus – Parliamentary Oral Answer

Nicky Morgan (Loughborough) (Con) - There is a real need for affordable and family-sized housing in my constituency. How is the new homes bonus going to help councils to provide such housing?
Grant Shapps: The great thing with the new homes bonus is that it is a lot more flexible regarding the type of housing required. It will pay more where the homes are family-sized and therefore attract a higher council tax band; but in addition - I am sure that Opposition Members will welcome this - every affordable home built will receive a flat addition of £350 per year, the equivalent to about a third extra over and above the new homes bonus on other houses.