More than £900m will be awarded in New Homes Bonus for 2014 to 2015. Housing Minister Kris Hopkins has confirmed the payments, which will be shared among England’s 353 councils.
He said that since the New Homes Bonus began in 2011, councils will be receiving funding for delivering 550,000 newly-built homes and conversions, including over 160,000 affordable homes, and for bringing 93,000 empty homes back into use.
These final allocations bring the total given to councils since the scheme’s launch to over £2bn.
Hopkins said: “The New Homes Bonus lets local people share in the benefits of development, with councils free to spend the money to benefit their local area.
“And getting Britain building in this way is critical to our long-term economic plan, not only building the homes communities need, but creating thousands of new jobs and apprenticeships across the country.”
Top 10 council recipients
1. Tower Hamlets (L) - £19,478,000
2. Birmingham - £ 15,082,000
3. Hackney (L) - £13,141,000
4. Cornwall - £12,496,000
5. Islington (L)- £ 12,007,000
6. Leeds - £10,984,000
7. Wiltshire - £ 10,899,000
8. Southwark - £10,845,000
9. Bristol - £ 9,479,000
10. Manchester - £8,963,000
