Local Government Financing

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 4:27 pm on 29th June 2010.

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Photo of Grant Shapps Grant Shapps The Minister for Housing 4:27 pm, 29th June 2010

I am grateful to the hon. Gentleman. We are not going to set targets because they did not work. [Interruption.] There you go-they have heard it. We all remember the target of 3 million homes by 2020. Remember the former Prime Minister standing at this Dispatch Box and announcing that target? We all remember the 240,000 homes that were to be built every year. What is the figure for house building this year? Probably about 110,000 to 118,000-something in that region. There is no point in announcing targets that do not happen; all that does is bust aspiration. Instead, we will take a practical approach in which communities are encouraged with powerful financial incentives to build homes. Our matching of council tax revenues for a six-year period will achieve a great deal of that.

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