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24/04/2015

DCLG announces New Homes Bonus allocations

Words: Laura Edgar

The New Homes Bonus (pdf) allocations for England councils have been published, showing one council receiving £24.8 million.

Councils receiving the largest grants include Birmingham City Council (£17.7 million), Cornwall County UA (£16.1 million), Islington London Borough (£13.7 million), Leeds City Council (£13.6 million), Southwark London Borough (£13.1 million), Wiltshire County UA (£14.2 million) and the London Borough of Tower Hamlets (£24.8 million).

Launched in 2011, the DCLG said the aim of the New Homes Bonus scheme was to provide an additional 140,000 homes over a 10-year period as well as to encourage local authorities to grant planning permission for new homes.

Council are able to spend the money they receive in ways that will benefit the local area - including to freeze council tax.

The publication of the allocations follows confirmation by housing minister Brandon Lewis that councils have received nearly £3.4 billion for building more than 700,000 homes.

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