Local Government: Grants
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment her Department has made of the potential merits of (a) reinstating and (b) replacing the New Homes Bonus and (c) increasing the S31 grant.
Answered by Matthew Pennycook
The New Homes Bonus (NHB) provides local authorities with an incentive to support new housing delivery. Since its introduction in 2011, over £10.6 billion has been paid through the NHB in respect of 2.7 million homes. Details of the 2025-26 Local Government Finance Settlement will be set out shortly in the usual way.
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