Government gives councils £200m to kickstart building new homes
326 local authorities in Britain will now receive £200 million in funding this year under the New Homes Bonus scheme, in a bid to encourage housebuilding in their local area.
Councils will receive anything between £5,000 and £4 million in handouts from the government, depending on how big the area. The bigger the area and the population, the more funding the council gets.
Housing Minister Grant Shapps is leading the scheme, which will put the onus on local councils to decide where to build new homes, instead of the traditional system where the government decided where to build.
Mr Shapps said in a statement that, “the system where Whitehall told communities what homes they need to build never worked. Housebuilding declined for years… and the construction industry suffered terribly.”
The biggest winners of the New Homes Bonus scheme are the Tower Hamlets area of London (picking up £4.29 million), but this will go towards building 2,934 new homes in the area.
Birmingham and Manchester also benefit, getting £3.2m and £2.6 million in funding respectively.
As long as the councils decide where to build new homes sensibly and spend the money properly, then this is a good idea, as it is up to local people to decide what it right for their town or city.
The other positive aspect is that as more new homes will be built all over the UK, it means more jobs in the construction industry, for plumbers, electricians and gas engineers.
Posted on April 6, 2011, in construction jobs, construction news, Electrical News, electrician jobs, plumbing jobs, Plumbing News, train4tradeskills and tagged construction, construction jobs manchester, construction news, Grant Shapps, London Borough of Tower Hamlets, New Homes bonus, plumbing jobs birmingham, plumbing jobs manchester, t4ts, train 4 trade skills, train4tradeskills. Bookmark the permalink. Leave a comment.