Consultation outcome

New Homes Bonus and the Local Growth Fund: technical consultation

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

New Homes Bonus and the Local Growth Fund: summary of responses to consultations

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Detail of outcome

Between July and September 2013 the government consulted on a proposal to pool the New Homes Bonus as a part of the Local Growth Fund. This document is the formal response to that consultation. Pooling is now proceeding only in London, and this document details a further round of London-only engagement undertaken in support of this proposal.

Original consultation

Summary

Technical consultation on how local pooling of the New Homes Bonus can be achieved.

This consultation ran from
to

Consultation description

The government is committed to implementing a recommendation of Lord Heseltine’s report No Stone Unturned: in pursuit of growth and introduce a Local Growth Fund.

The Local Growth Fund will total at least £2 billion in each year from 2015 to 2021 and will bring together transport, skills, and housing funding. The housing component of the Local Growth Fund will be £400 million, derived from local pooling of the New Homes Bonus.

This consultation looks at how local pooling of the New Homes Bonus can be achieved.

Documents

New Homes Bonus and the Local Growth Fund: technical consultation

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 25 July 2013
Last updated 1 May 2014 + show all updates
  1. Added New Homes Bonus and the Local Growth Fund: summary of responses to consultations.
  2. First published.