New Homes Bonus is paid to local authorities. The Mid Bedfordshire parliamentary constituency contains parts of both Bedford Unitary Authority and Central Bedfordshire Unitary Authority. Details for these are given in the following table. It is not possible to disaggregate New Homes Bonus funding by ward.
|Central Bedfordshire UA||1,120,673||902,250|
|(1) To date|
This represents payments to date. The total allocations to be received in 2012-13 are: £2,640,145 for Bedford Unitary Authority, and £2,903,284 for Central Bedfordshire Unitary Authority.
While none of the social impact bonds so far established by Government operate in the Mid Bedfordshire area, the Cabinet Office is promoting the development of more social impact bonds in central and local government.