Latest News Tue, Mar 22, 2016 5:07 PM
Council efforts to get Britain building are to be rewarded with a multi-million pound New Homes Bonus, Housing Minister Mark Prisk has announced.
Over the next year, England’s 353 councils are set to share a cash payout of £661 million, after delivering 142,000 new homes, including 58,000 affordable properties.
This funding also rewards councils for bringing 13,000 long-term empty properties back into use.
Today’s provisional allocation, to be paid in the 2013 to 2014 financial year, means councils will have received £1.3 billion through the New Homes Bonus scheme since its launch in April 2011.
This total recognises over 400,000 new builds and conversions, and over 50,000 empty properties being brought back into use.
The minister argued that the New Homes Bonus had proved critical in ensuring communities see the benefit of housing growth in their area.
Mark Prisk said: “For years, developers found themselves at loggerheads with communities unconvinced that their plans for growth would benefit them. But the New Homes Bonus is turning this around.
“The £1.3 billion paid out to councils to date has meant that now local people are able to see the rewards of new developments in their area - paving the way for thousands of much-needed, locally-supported homes to be delivered across the country.”
Councils across the country have made the most of this additional funding to directly benefit their local communities. These include:
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