To ask the Secretary of State for Communities and Local Government, what his policy is on New Home Bonuses for district and borough councils; and if he will make a statement.
4 December 2015
As part of the Spending Review, the Government committed to the continuation of the New Homes Bonus. We will consult on reforms to the New Homes Bonus, including means of sharpening the incentive to reward communities for additional homes. We will also explore reducing the length of payments from six years including an option for savings of at least £800 million to be returned to local government and used to fund vital services such as adult social care. Details of both reforms will be set out shortly. There are no plans to change the basis of allocations for 2016/17. The allocations for 2016/17 will be published alongside the provisional Local Government Settlement for that year.