Craiglxviii
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- Joined
- Sep 6, 2015
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Overall, given the current situation, it's not to bad a budget. I don't really understand what this actually means: -
- £400m to regenerate housing estates and £1.1bn to unlock strategic sites for development
- Which housing estates?
- Where is the £1.1Bn to be spent "to unlock strategic sites - and who gains from it?
- The "new" NHS money "Hammond announced an immediate £350m boost for this winter followed by £1.6bn more next year for the front line above the rise already planned.
- Is it new money or an old budget dressed up again>?
- On the Beeb page it says NHS leaders have already warned waiting times will continue to worsen.
From gov.uk:
Estate regeneration – The Budget provides £400 million of loan funding for estate regeneration to transform run-down neighbourhoods and provide new homes in high‑demand areas.
Land Assembly Fund – The government will provide £1.1 billion for a new Land Assembly Fund, funded from the NPIF. The new fund will enable Homes England to work alongside private developers to develop strategic sites, including new settlements and urban regeneration schemes. (1)
More here: https://www.gov.uk/government/publications/autumn-budget-2017-documents/autumn-budget-2017#housing
The Housing section looks actually quite well thought-out. They're putting a decent element of incentives and assistance into releasing land for housing, building the houses and helping people to buy them.