Jenrick announces revised plan for housing algorithum
The Government has announced a raft of new measures in an attempt to provide much-needed homes in urban areas and on brownfield sites.
The housing secretary Robert Jenrick today said that the housing need formula would be updated to help councils build more family homes and make the most of vacant buildings and underused land to protect green spaces.
He also said the Government intends to revise the so-called ‘80/20 rule’ which guides how much funding is available to local areas to help build homes.
This will establish a new principle to ensure funding is not just concentrated in London and the South East.
By Joey Gardiner2020-12-16T09:46:00+00:00
Change of course sees rural areas spared and more investment in North and Midlands
The government has abandoned an algorithm that would have dramatically increased housebuilding in the Conservatives’ southern heartlands. England’s 20 biggest cities will instead take a much larger share of new homes under new plans drawn up by Robert Jenrick after a huge backlash from Conservative MPs.
The focus for housing numbers and affordable housing investment has switched to major cities in the North and Midlands. The previous plan, dubbed a “mutant algorithm” by one Tory MP, which would have concentrated housing in high value and rural areas in the South and South-east.