The search for answers on housing delivery

By Adrian Jenkins | 22 February 2021

Local authorities are now turning their attention towards the funding reforms that are expected in 2022-23. If the Government is going to meet this target, then we will see consultation papers on business rates and Fair Funding in the coming months.

The first consultation out of the blocks, however, is on the replacement to the New Homes Bonus (NHB), which was published last week. Avid followers of local government funding will have read this new consultation in anticipation of what it will reveal about the future direction of funding reform. If that was the case, then this long-awaited consultation will be a disappointment because it reveals very little about the Government’s intentions. The consultation paper proposes a whole range of options, which could result in any outcome ranging from almost no change to the current scheme to its complete replacement. There are many options proposed in the consultation but no clarity about how any incentives will be earned or even the total amount of funding that will be available.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

New Homes Bonus MHCLG Housing Funding
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products