Building new homes created jobs and money for Daventry district’s economy says House Building Federation

Jobs and money for the local economy are the 'hidden benefits' of house building says federation.
Jobs and money for the local economy are the 'hidden benefits' of house building says federation.

House building in the Daventry district supported 2,193 jobs and almost £17 million to the local economy claims the Home Builders Federation (HBF).

Figures released by the federation today show that in 2014 510 homes were started in the district, contributing 2,193 jobs, £819,000 towards education, £5.1 million in tax contributions, 117 affordable homes and payments of £11 million to local authorities for further provision of new affordable homes.

The HBF represents the home building industry in England and Wales – its members account for around 80 per cent of the homes built.

Stewart Baseley, executive chairman at HBF, said: “House building makes a huge, but largely hidden, social and economic contribution to Daventry district.

“While housing output in the East Midlands has increased, we are still not delivering anywhere near what is needed.

“As well as delivering desperately needed new homes, increasing housing supply would provide significant additional benefits for everyone living in the region through additional jobs, investment in infrastructure and facilities for communities.

“People often don’t realise that the new community centre, school or sports facilities have been funded directly as a result of housing developments.

“Ultimately, providing new homes for people also means better facilities for the wider community. These are the very things that turn a collection of houses into communities; brand new places where people want to live.”