HC Deb 06 March 1919 vol 113 cc592-3

Loans made to tenant-purchasers towards the cost of erecting new houses or improving existing houses.

Number Cost.
743 £17,683

Note.—Loans for small amounts for short periods up to ten years are repayable by twenty equal half-yearly instalments calculated at 3½ per cent. interest on both principal and interest. Loans for substantial amounts for longer periods, usually fifty years, are payable by 100 equal half-yearly instalments calculated at 1½ per cent. on both principal and interest.

poses; whether an equivalent Grant has been or will be made to Ireland; whether in Ireland, as has already been decided in England, the Government will pay all expenditure in excess of the proceeds of a penny rate; and, if not, why this course is not to be followed?

Mr. MACPHERSON

The financial arrangements for the housing schemes in Ireland will not be finally settled for a day or two. Different arrangements are necessary for Ireland as the circumstances are not the same as in Great Britain. There will, of course, be an equivalent in money for Ireland.

Mr. MacVEAGH

Do I understand that the right hon. Gentleman undertakes that there will be an equivalent Grant for Ireland for housing?

Mr. MACPHERSON

There will be an equivalent in money. I do not know whether you would call it a Grant or not. I should like the hon. Member to wait until I got the opportunity promised by my hon. Friend the Member for Belfast of discussing this and other problems.

Sir M. BARLOW

Is it not a fact that already £7,000,000 has been allotted for housing the labouring classes in Ireland, while nothing has been allotted in England?

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