Grant Shapps has announced the latest instalment of powerful cash bonuses for communities who have built new homes. The Minister said that the second year of cash payments through the New Homes Bonus would total over £430 million, more than double the first year's payment. Funding will be shared by 353 councils for helping to deliver nearly 159,000 homes last year - either new homes or empty properties brought back into use - and from a second round of payments for homes built the year before. This year's larger payment includes £210 million for new and empty homes delivered in 2010 -11, a second instalment of almost £200 million for homes built in 2009 -10, and the first premium for affordable homes totalling £20 million. Read more on the CLG website.
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