New Homes Bonus

Purpose

The New Homes Bonus is designed to create an effective fiscal incentive to encourage local authorities to facilitate housing growth. It will ensure the economic benefits of growth are more visible within the local area. It is intended to help deliver the vision and objectives of the community and the spatial strategy for the area.

Applications

CLG 2009-10 housing figures

Background research and further advice

CLG webpage on the New Homes Bonus final scheme design and calculator

TCPA