The Government consulted on the future of the scheme in early 2021, but is yet to publish a response.

Ranil Jayawardena, the CGG’s leader and Ms Truss’s former environment secretary, told The Telegraph: “We should make sure that the people close to the most new homes benefit the most too. Local people should get a ‘new homes bonus’ directly, rather than it being spent by the council on their behalf.”

The group is also set to call for reform to the planning process to make it quicker and easier to build the necessary infrastructure to support new homes where they will secure economic growth.

Mr Jayawardena added: “People understandably want the right homes to be built where there is the right infrastructure.

“That’s why we need to build one million more homes in London, and build more in Birmingham, Manchester, Oxford and Cambridge too. This will get the economy growing, help people buy homes of their own and harness the infrastructure that is already being put in.

“But it’s crazy that we are slow in building any new infrastructure to support new homes. Why is it that Cambridgeshire has needed a new reservoir for years, but it will only be built by 2039?

“Astonishingly, it’s partly because the planning process will keep everyone talking about it for another five years first. This must change.”