Thirty-first Report - Starter Homes
Select Committee
Public Accounts Committee
HC 88
9 December 2020
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Thirty first report from Session 2019-21 · published 24 Mar 2021
Recommendations & Conclusions
1 results
9
Recommendation
Accepted in Part
The Department explained that the First Homes discount will be funded through contributions from developers.24...
Recommendation
The Department explained that the First Homes discount will be funded through contributions from developers.24 Local authorities will be expected to ensure 25% of affordable homes built by developers contribute to the First Homes initiative.25 However, we have previously criticised …
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Government Response Summary
The government agrees and states it has published a detailed impact assessment and modeling for the First Homes programme, which includes the effect on developer contributions, and will update this after further consultation, partially addressing the need for monitoring.
HM Treasury
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