Thursday, 19 December 2013

Councils Rewarded For 550,000 More Homes under New Homes Bonus

Housing Minister Kris Hopkins has published details of the latest New Homes Bonus payments being made to England’s 353 councils, in recognition of their contribution to building new homes. Official figures last week from the Office for National Statistics showed that housing construction has risen to its highest levels since 2007. Under the New Homes Bonus, councils have been rewarded for delivering 550,000 newly-built homes and conversions and brought 93,000 empty homes back into use. This total also includes over 160,000 affordable homes. Mr Hopkins said these payments are finally giving communities a reason to say yes to new sustainable development – with councils free to spend the money as they see fit to benefit the local area, including freezing Council Tax. Read more on the Govuk website.

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