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Work starts on North Yorkshire affordable housing schemes backed by second home tax
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Construction has begun on two affordable housing developments in Hunmanby and Shipton by Beningbrough in North Yorkshire, supported by nearly £900,000 generated from a council tax premium on second homes. The projects, led by Broadacres Housing Association, will provide a total of 26 affordable homes and are designed to help local people remain in their communities.
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- Construction has started on two affordable housing developments in North Yorkshire funded in part by a council tax premium on second homes.
- The second home tax premium doubles council tax bills for second-home owners in the county, projecting around £10m per year for affordable homes and other projects.
- The developments in Hunmanby and Shipton by Beningbrough were unlocked by nearly £900,000 from the second home premium.
- The Hunmanby scheme will feature 15 affordable homes, while the Shipton by Beningbrough scheme will include 11 affordable homes.
- Both projects are led by Broadacres Housing Association with additional funding from North Yorkshire Council and Homes England.
- Campaigners against the policy have previously argued that the tax overlooks impacts on coastal communities and businesses.