Councils to Share £668 Million to Provide New Homes

English councils have been allocated £236.4 million of new homes bonus funding in 2013/14 to deliver more than 160,000 homes.  The final allocations for the financial year have been announced, and bring the total number of homes to 160,429, including 58,107 affordable units and 17,945 empty homes brought back into use.  The total amount paid to be paid out for 2013/14 is £668.3 million taking into account homes completed in the previous two years of the scheme. Total allocations since the launch of the bonus in April 2011 now stand at £1.3 billion.  Read more on the CLG website.