News Date: Tuesday 7th February 2012
Tim Loughton MP welcomes Government funding for more local homes
Tim Loughton, MP for East Worthing and Shoreham, has welcomed Government funding to build more affordable homes in his constituency as part of an action plan to boost house building. Through the New Homes Bonus, Adur District Council has received £214,747 and Worthing Borough Council has received £445,401 this year to build much-needed homes in the local area.
The New Homes Bonus is a multi-billion pound programme that rewards communities when they accept more house building in their area, with extra reward for building new affordable homes, and for getting long-term empty homes back into use.
Building on the flagship Housing Strategy, the Government has unveiled a range of measures to:
· help first-time buyers onto the housing ladder through lower deposit requirements;
· hand over disused public land for 100,000 new homes; and
· end a long-standing ‘tax on tenants’ in a £19 billion deal enabling councils to keep the rent they collect and invest the money in homes.
“Labour led Britain into a housing crisis - the number of affordable homes fell, waiting lists almost doubled and first-time buyer numbers collapsed to their lowest level for a generation.
“Housebuilding is already up a quarter under the Coalition Government, but there is more to do.
“I am delighted to welcome this funding for new homes in Adur and Worthing. The Government’s actions will help local people onto the housing ladder, provide more affordable housing and create local jobs”.