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New Homes Bonus (Actual) (5326) Metric type
- Help text
- New Homes Bonus (Actual). Taken from Core spending power summary.
The New Homes Bonus is a grant paid by central government to local councils to reflect and incentivise housing growth in their areas.
It is based on the amount of extra Council Tax revenue raised for new-build homes, conversions and long-term empty homes brought back into use.
- Modified
- 10 Feb 2023
- Data last updated
- 14 Feb 2024
- Short label
- New Homes Bonus (Actual)
- Status
- Live
- Output precision
- 3
- Polarity
- a high value is good
- Measure
- Pounds (£millions)
- Dataset
- Core spending power
- Collection
- Core spending power
- Source
- Department for Levelling Up, Housing & Communities
- is found in the following lists
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