Bonus verdictPosted: December 17, 2014
The New Homes Bonus, the government’s flagship policy on housing supply, is listing badly. Does it deserve to stay afloat?
Labour has pledged to scrap the policy introduced by Grant Shapps as a ‘powerful new incentive’ for local communities to support new homes. The National Audit Office delivered a damning verdict last year. And a Conservative member of the public accounts committee memorably described it as a Rolls Royce idea that ended up as a Reliant Robin in practice.
Now, the government has finally published an evaluation, which summarises the results of internal DCLG and externally commissioned the research. So what’s the verdict?
-> Read the rest of this post on Inside Edge 2, my blog for Inside Housing