The Government has offered more cash to councils to encourage house building.
Councils have been offered as an incentive to build more housing £1,000 cash bonus for each extra house they build over and above set targets.
The councils would then be given the freedom to spend this extra cash for any purpose.
In this Times article it gives the example Manchester “…which is planning to build 2,500 homes this year, 1,000 more the 75 per cent required, will be eligible for a £1 million cash bonus.”
Further Reading
Councils offered £500m House Building Incentive
The Times article
Government leans on local authorities
Forbes article
