Housing Minister Grant Shapps has welcomed new figures showing the largest increase in the supply of affordable homes since the mid-1990s. New figures show there were 60,630 additional affordable homes delivered last year - an increase of five per cent on the numbers supplied in 2009/10. These new figures also showed an increase of nearly a fifth in the numbers of new social homes, to over 39,000. And over 20,000 homes were provided through intermediate affordable housing schemes, including shared ownership and shared equity schemes aimed at helping struggling first-time buyers. Through the New Homes Bonus the Government matches the council tax raised on all additional homes for six years - but councils also receive extra funding for every affordable home they build. This week's figures mean that councils can expect to receive a share of over £21million for the affordable homes they've approved - on top of the matched council tax on each new property. Read more on the CLG website.
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