CIH welcomes government consultation on new homes bonus
The Chartered Institute of Housing (CIH) welcomes the government’s consultation on the new homes bonus announced today, which aims to provide incentives to local authorities to increase their housing supply.
Responding to the publication of the consultation, Chief Executive of CIH Sarah Webb said: “The new homes bonus is a positive attempt to encourage and reward local communities who support sustainable housing development. The incentives for both market and affordable housing are welcome and over time could make a helpful contribution to housing growth. The potential of the measures to bring empty homes and conversions in to use are particularly welcome.”
Sarah Webb concluded: “However, we are concerned about how the bonus will work with regeneration schemes and in areas where housing market renewal is underway. Local people who are working hard to make their communities better places to live shouldn’t miss out if they have had to demolish homes no longer fit for habitation.”