Monday, 12 April 2010

Councils to get £146m new homes incentive

This from Early Riser:

Councils will be given a share of £146million to plan and deliver new homes, housing minister, John Healey, has confirmed.

The Housing and Planning Delivery Grant (HPDG) provides a direct incentive for councils to work with partners in the public and private sector to ensure that new homes are built where they are needed. It is an additional top up to mainstream funding.

Mr Healey said: ‘While many councils are playing their proper planning role, some are failing to identify land for the homes their communities need. Ensuring land is available for housing is vital to help secure both house building and economic recovery.

‘A shortage of new houses pushes up house prices, council waiting lists and private sector. This incentive will also ensure that all councils are taking action now and will give the housebuilding industry greater certainty and confidence in the economic recovery.’

The average grant councils receive is approximately £390,000, paid to 375 authorities.

I wonder if Wales will get a Barnett consequential of 6% of this amount which is £11.7 million or £530,000 for each of the 22 Local Authorities in Wales?

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