Mike Freer MP Welcomes £8.2 million for Barnet House Building

Mike Freer has today welcomed news of a total £8.2 million being granted to Barnet Council as part of the Government’s New Homes Bonus. The £8.2 million which has been provided by central Government, has so far granted cash to support the delivery of 1,634 new homes being built in Barnet last year alone.

Mike Freer, who is a member of Eric Pickles’ ministerial team that devised the policy, commented today “I am delighted that the Bonus is having a direct effect on the number of homes being built here in Barnet. The cash provided shows that the Government is committed to supporting the delivery of housing which plummeted under the previous Government”.

The New Homes Bonus provides local councils with a cash incentive paid by central government for increasing the number of homes available. The amount paid is based on the level of extra Council Tax revenue raised for new-build homes, conversions and for bringing empty properties back into use. There is also an extra payment for providing affordable homes.