New Homes Bonus (Charnwood)

Question: I thank the Minister very much for his reply. There is a real need for affordable and family-sized housing in my constituency and on the part of Charnwood borough council. How is the new homes bonus going to help councils to provide such housing?

Answer: The great thing with the new homes bonus is that it is a lot more flexible regarding the type of housing required. It will pay more where the homes are family-sized and therefore attract a higher council tax band; but in addition—I am sure that Opposition Members will welcome this—every affordable home built will receive a flat addition of £350 per year, the equivalent to about a third extra over and above the new homes bonus on other houses.

Secondary information