Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The New Homes Bonus PDF full book. Access full book title The New Homes Bonus by Great Britain: National Audit Office. Download full books in PDF and EPUB format.
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102981384 Category : Social Science Languages : en Pages : 46
Book Description
The Department for Communities and Local Government is not adequately monitoring the £1.3 billion New Homes Bonus paid to local authorities up to 2013-14. The scheme aims to deliver 140,000 new homes over the next ten years. The Department has not decided upon a review's scope or methodology. The National Audit Office calls for the essential review to be carried out urgently. This report has found some evidence that the New Homes Bonus has given authorities resources to allow them to continue activities such as identifying empty homes and bringing them back into use. But the scheme is mainly funded by redistributing central government's core funding for local authorities. Some local authorities, particularly in areas where developers are less likely to want to build new homes, face losing large amounts of their funding from central government. These authorities face growing financial risks, including to future service delivery. Also the new homes estimate was produced using very limited evidence and contained an arithmetical error which significantly increased estimated construction rates. It is difficult for local authorities to persuade communities of the benefits of new housing. New housing is often unpopular with residents who may be concerned about pressure on local services, loss of amenities, traffic congestion and disruption during building. Some councillors, local authority officers and stakeholders with whom the NAO spoke suggested these views were often strongly held and difficult to change.
Author: Great Britain: National Audit Office Publisher: The Stationery Office ISBN: 9780102981384 Category : Social Science Languages : en Pages : 46
Book Description
The Department for Communities and Local Government is not adequately monitoring the £1.3 billion New Homes Bonus paid to local authorities up to 2013-14. The scheme aims to deliver 140,000 new homes over the next ten years. The Department has not decided upon a review's scope or methodology. The National Audit Office calls for the essential review to be carried out urgently. This report has found some evidence that the New Homes Bonus has given authorities resources to allow them to continue activities such as identifying empty homes and bringing them back into use. But the scheme is mainly funded by redistributing central government's core funding for local authorities. Some local authorities, particularly in areas where developers are less likely to want to build new homes, face losing large amounts of their funding from central government. These authorities face growing financial risks, including to future service delivery. Also the new homes estimate was produced using very limited evidence and contained an arithmetical error which significantly increased estimated construction rates. It is difficult for local authorities to persuade communities of the benefits of new housing. New housing is often unpopular with residents who may be concerned about pressure on local services, loss of amenities, traffic congestion and disruption during building. Some councillors, local authority officers and stakeholders with whom the NAO spoke suggested these views were often strongly held and difficult to change.
Author: Great Britain. Department for Communities and Local Government Publisher: ISBN: 9781409828327 Category : Construction industry Languages : en Pages : 38
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts Publisher: The Stationery Office ISBN: 9780215063311 Category : Architecture Languages : en Pages : 44
Book Description
The New Homes Bonus was introduced as a financial incentive for local authorities to encourage the building of new homes. The scheme is funded from existing local authority grants. £7.5 billion will have been redistributed between councils by 2018-19, so there is a lot of money at stake. It is clearly vital that the incentives work and the Government achieves its aim. It is therefore disappointing that after more than two years of the scheme being up and running, no evaluation is in place and no credible data is available to show whether the scheme is working or not. So far the areas which have gained most money tend to be the areas where housing need is lowest. The areas that have lost most tend to be those where needs are greatest. The Department has yet to demonstrate whether the New Homes Bonus works. Is it helping to create more new homes than would have been built anyway? Is it the best way for Government to use its limited resources to create more homes where they are needed most? Its planned evaluation of the Bonus scheme is now urgent
Author: Great Britain: Parliament: House of Commons: Communities and Local Government Committee Publisher: The Stationery Office ISBN: 9780215044136 Category : Business & Economics Languages : en Pages : 284
Book Description
This report concludes that the Government must employ a basket of measures, covering all tenures of housing, if sufficient finance is ever to be available to tackle the country's housing crisis. For decades, successive Governments have failed to deliver sufficient homes to meet demand. The country faces a significant housing shortfall, and the financial crisis has amplified the problem. 232,000 new households are forming each year in England, and yet in 2011 fewer than 110,000 new homes were completed. The Committee sets out four key areas for action, which, taken together, could go a long way to raising the finance needed to meet the housing shortfall: large-scale investment from institutions and pension funds; changes to the financing of housing associations, including a new role for the historic grant on their balance sheets; greater financial freedoms for local authorities; new and innovative models, including a massive expansion of self build housing.
Author: OECD Publisher: OECD Publishing ISBN: 9264283005 Category : Languages : en Pages : 140
Book Description
After a good performance until 2016, growth slowed in the first half of 2017. The unemployment rate has fallen to below 4.5%, but real wages are in a downward trend. Planned Brexit has raised uncertainty and dented business investment. Negotiating the closest possible EU-UK economic relationship...
Author: Great Britain: Parliament: House of Commons: Communities and Local Government Committee Publisher: The Stationery Office ISBN: 9780215556868 Category : Architecture Languages : en Pages : 234
Book Description
Regional Spatial Strategies (RSSs) bridged the gap between those planning issues determined by local policy or concern, and those subject to policy goals defined at a national level - such as those for housing or renewable energy. The committee did not pass judgment on the merits of regional spatial strategies, but is concerned about the hiatus created by their intended abolition. This is giving rise to an inertia that is likely to hinder development - making it much harder to deliver necessary but controversial or emotive 'larger than local' facilities and to ensure that our national need for new housing is met. There also needs to be a strengthened local authority 'duty to co-operate' and a better understanding of where Local Enterprise Partnerships will fit into these new planning arrangements. The Government's recognition that we need to build more houses, and its commitment to deliver 150,000 affordable homes over the next four years (although this is not an exceptional number by historic standards) is welcomed. However, the likelihood of achieving this increase through the New Homes Bonus is questioned. There is no evidence this mechanism will increase housing supply by 8 - 13% in the way that ministers predict. Indeed, it became clear during this inquiry that estimates for new house building contained in local authorities' plans have already fallen by 200,000 following the decision to abolish RSSs. The committee concludes that this Government may face a stark choice between whether to build fewer homes than its predecessors, or abandon its commitment to promote localism in decisions of this kind. The committee therefore calls for the New Homes Bonus to be linked explicitly to the delivery of homes provided for in local plans following robust assessments of housing need
Author: Great Britain: National Audit Office
Author: Great Britain: National Audit Office
Author: 
Author: Great Britain. Department for Communities and Local Government
Author: 
Author: 
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Author: Great Britain: Parliament: House of Commons: Communities and Local Government Committee
Author: OECD
Author: Great Britain: Parliament: House of Commons: Communities and Local Government Committee
Author: Anthony Seldon