The planned introduction of a housing growth baseline for
the New Homes Bonus has been slammed by councils that believe they could lose
£75m. The changes to the payments, which give financial rewards to councils for
new housing developments, were proposed by ministers in December and include
the introduction of a 0.4% housing growth “baseline”, below which no bonus is
awarded. The network, which represents all 201 English district councils,
estimates that alongside the impact of the New Homes Bonus loss, districts’
spending power is to reduce by 5.2% between 2016/17 and 2017/18, which compares
with the average reduction of 1.1% across wider local government. Read more on
Inside Housing.
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