ECONOMIC GROWTH

Former minister queries New Homes Bonus results

Nick Raynsford alleges £1.3bn of grants allocated to date going to councils where homes would have been built anyway.

By Dominic Browne | 04 March 2013

The Government's flagship £3.3bn New Homes Bonus scheme to encourage councils to deliver more housing has so far failed, according to research by a former housing minister.

The scheme rewards councils through grant funding for delivering new housing projects in their area.

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Popular articles by Dominic Browne

  1. Budget: £500m a year for local roads maintenance
  2. LGA launches attack on DfT over traffic fine surplus plans
  3. Budget 2023: Hunt confirms £200m for 'potholes curse'
  4. Budget 2021: Highways face funding cut in Budget
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