Tracey has welcomed Government funding to build more affordable homes in Chatham & Aylesford. Through the New Homes Bonus, Medway Council has been granted £2,317,239, while Tonbridge & Malling Borough Council has received £1,224,477 to build much-needed housing in the local area.
The New Homes Bonus is a multi-billion pound programme that rewards communities when they accept more housebuilding in their area. The Bonus includes an extra reward for building new affordable homes, and for getting long-term empty homes back into use.
Building on the flagship Housing Strategy, the Government has unveiled a range of measures to help first time buyers onto the housing ladder, provide support for millions who have been left languishing on social housing waiting lists and get construction on the move.
Tracey says: “Labour led Britain into a housing crisis – the number of affordable homes fell, waiting lists almost doubled and first-time buyer numbers collapsed to their lowest level for a generation. Housebuilding is already up a quarter under the Coalition Government, but there is more to do.
I am delighted to welcome this funding for new homes in Chatham & Aylesford. The Government’s actions will help local people onto the housing ladder, provide more affordable housing and create local jobs.”