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Cabinet 11 September 2019 NEW HOMES BONUS GRANT FUNDING APPLICATIONS Councillor Morgue Cabinet Member for Finance and Resources1Purpose1.1To make decisions on the allocation of New Homes Bonus (NHS)
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01
Begin by gathering all the necessary documents and information required to fill out the new homes bonus grant application.
02
Read through the application form carefully and make sure you understand all the instructions and requirements.
03
Fill out the personal details section of the application form, including your name, address, and contact information.
04
Provide details about the new home or homes for which you are applying for the grant, such as the address and any relevant construction or purchase information.
05
Fill out the financial information section, including details about the project's estimated cost, funding sources, and any other relevant financial details.
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Review the completed application form to ensure all sections are filled out accurately and all necessary documents are attached.
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Submit the completed application form, along with any required supporting documents, to the appropriate authority or organization responsible for processing new homes bonus grants.
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Keep a copy of the completed application form and all supporting documents for your records.
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Wait for a response from the authority or organization regarding the status of your application.
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If approved, follow any additional instructions provided by the authority or organization to receive the new homes bonus grant.

Who needs new homes bonus grant?

01
Anyone who has built or purchased a new home may be eligible for the new homes bonus grant.
02
This grant is typically available to individuals, families, or organizations that have contributed to the creation or improvement of new homes in a specific area.
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It can be particularly beneficial for developers, builders, or organizations involved in affordable housing projects.
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Local governments or authorities may also be eligible to apply for the new homes bonus grant.
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The New Homes Bonus Grant is a financial incentive provided by the government to local authorities in England to encourage the building of new homes and the conversion of existing properties into residential dwellings.
Local councils or authorities are required to file the New Homes Bonus Grant in order to receive funding based on the number of new homes they create.
To fill out the New Homes Bonus Grant, local authorities need to provide information on the number of new homes built, the types of properties, and relevant statistical data as required by the government guidelines.
The purpose of the New Homes Bonus Grant is to encourage local councils to increase housing supply and to reward them for delivering more homes, thereby addressing housing shortages.
Local authorities must report the total number of new residential units created, the period during which the homes were built, and any relevant changes in local housing circumstances.
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