Guidance

New Homes Bonus calculator: provisional local government finance settlement 2024 to 2025

Calculator which sets out how New Homes Bonus allocations have been determined for each local authority.

• From: Ministry of Housing, Communities and Local Government and Department for Levelling Up, Housing and Communities
• Published: 18 December 2023

Applies to England

Documents

New Homes Bonus calculator: provisional local government finance settlement 2024 to 2025

MS Excel Spreadsheet, 3.09 MB

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Details

The New Homes Bonus is a grant paid by central government to local councils to reflect and incentivise housing growth in their areas. It is based on the amount of extra council tax revenue raised for new-build homes, conversions and long-term empty homes brought back into use. There is also an extra payment for providing affordable homes. 

This calculator which sets out how New Homes Bonus allocations for 2024 to 2025 have been determined for each local authority.

Published 18 December 2023