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Use of New Homes Bonus Cash to Support Local House Building Initiatives is to be Saluted, says POS

Date: 21/1/2012

Inside Housing have just carried out a survey of the 349 authorities that received money through the New Homes Bonus scheme last April.

John Silvester, Spokesperson for POS, commented "Planners are realistic and pragmatic people so they will accept their fate if their New Homes Bonus is used for general services support rather than for the direct incentivisation of housebuilding. Having said that, where the bonus is used to support local housebuilding initiatives it is to be saluted."

326 councils responded to the Inside Housing survey:

  • 165 said it was going into the council's general fund or capital spending programme - of these, 21 said that decision was made because the council needed to offset government cuts
  • 65 said at least a proportion of the money was going back into supporting housing development, either through housing, infrastructure or planning projects
  • 54 hadn't made a decision on where it should be spent
  • 24 said it was going to specific other projects to benefit the community, not directly related to housing
  • 17 were county authorities who were passing on the responsibility for spending the money to district councils

 

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