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New Homes Bonus (Warrington)

Volume 550: debated on Monday 17 September 2012

For the period 2011-13, Warrington is receiving nearly £2.4 million of new homes bonus funding. It recognises increases in the housing stock of over 1,000 new build and conversions, and the fact that more than 170 empty properties have been brought back into use.

The Minister will be aware that many councils, such as Warrington, are under severe pressure as they do their bit to reduce the legacy of debt that we have inherited, but does he agree that the bonus represents a valid way of taking money into the town hall and preventing cuts in other areas?

I entirely agree with my hon. Friend. In contrast to the Labour party’s top-down approach, the new homes bonus rewards areas as new homes are built. That means that it enables councils and communities to invest in things that matter to them, rather than Whitehall’s imposing on them what we think that they ought to have. There is a big contrast between the last Government and this one.