Thursday, 16 February 2017

Housing: Construction – Parliamentary Written Answer

Justin Tomlinson: To ask the Secretary of State for Communities and Local Government, if his Department will provide transitional loss protection for local authorities affected by the new taper on New Homes Bonus.
What assessment has he made of the potential effect of the new taper on New Homes Bonus on local authorities who approve and build a high volume of houses.

Gavin Barwell: The changes to the scheme are being made to increase the focus of the Bonus on delivery of new homes, to reward those authorities who are really committed to growth whilst also freeing up resources to be recycled within the local government settlement to support authorities with particular pressures, such as adult social care. Those areas who deliver the most housing growth will continue to benefit most from the Bonus under the new scheme. The payments for the Bonus in 2017/18 are £1.2 billion and will still be worth £900 million in 2018/19.

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