Affordable Housing: Construction
The question
To ask the Secretary of State for Housing, Communities and Local Government, whether he has made an assessment of the merits of introducing (a) ring-fenced grants and (b) bonuses for local authorities that exceed (i) affordable and (ii) sub-market housing delivery targets.
Answered by Alison McGovern
The government does not believe that the New Homes Bonus is an effective incentive. It often rewards authorities for housebuilding that would have occurred in the absence of any incentive, and its efficacy is further blunted by the interactions with the remainder of the Settlement.
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