'Affluent' councils to profit under New Homes Bonus, claims Labour » Housing » 24dash.com
The New Homes Bonus could generate more than £6,000 per home in the affluent constituency of Richmondshire, compared to less than £300 per home in Scarborough, research by Labour has shown.
The research highlights what Labour calls the “unfairness” of the New Homes Bonus scheme, launched by housing minister Grant Shapps.
Earlier this month, Mr Shapps published local authority allocations for year one of the New Homes Bonus - totalling nearly £200m - which will match the council tax raised from new homes for the first six years.
Under the plans, the bonus available for an ‘affordable home’ will be up to 36 per cent more than for a similar market home, equivalent to an extra £350 per house premium every year. Empty properties brought back into use will also receive the cash bonus for six years.
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