Warrington to benefit from New Homes Bonus
Warrington is one of many areas throughout the UK to benefit from the government's New Homes Bonus.
The Cheshire town is set to receive £2.58 million over the next financial year for building more affordable properties across the region, the Warrington Guardian reports.
People up and down the country have bemoaned the apparent dearth of available homes in recent years and the pressure on housing associations and construction firms has been mounting.
In fact, organisations such as Shelter have actively campaigned for the government to do more to encourage local authorities to build cheap properties.
Whitehall responded by introducing the New Homes Bonus in 2011 and housing minister Mark Prisk announced further details on how funds would be allocated earlier this month.
The scheme will see England's 353 councils share a cash payout of £661 million over the next year after erecting 142,000 new houses - 58,000 of which are deemed to be affordable.
It is also aimed at rewarding authorities for bringing 13,000 long-term empty properties back into use.
By 2014, councils will have received £1.3 billion through the New Homes Bonus since it was introduced in April 2011.
Warrington South MP David Mowatt was understandably delighted that the town would benefit from the government initiative.
"We desperately need more homes, particularly affordable homes. Councils need to play their part in this and so it is important that, when new homes are built, the community is able to benefit from that," he was quoted as saying.
"Rather than imposing top-down targets and regional spatial strategies, the government is putting its faith in councils to deliver the homes Britain needs."
Mr Prisk recently stated that building developers and local communities have been at loggerheads over housing plans for a long time, but the new scheme is starting to turn this around.
The money received via the New Homes Bonus is being pumped into numerous projects that will benefit the general public.
For example, North Tyneside Council set aside £3.1 million of its allocation to revamp a library in North Shields.
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