Wednesday, 19 December 2012

Boost to Councils and Communities through the New Homes Bonus

Council efforts to get Britain building are to be rewarded with a multi-million pound New Homes Bonus.  Over the next year, England’s 353 councils are set to share a cash payout of £661 million, after delivering 142,000 new homes, including 58,000 affordable properties.  This funding also rewards councils for bringing 13,000 long-term empty properties back into use. The provisional allocation, to be paid in the 2013 to 2014 financial year, means councils will have received £1.3 billion through the New Homes Bonus scheme since its launch in April 2011.  Read more on the CLG website.

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