§ 43. Mr. BOOTHBY (for Viscountess ASTOR)asked the Minister of Health the capitalised value of all the subsidies payable by the Exchequer on houses completed, under construction, or authorised under the Housing Acts of 1919, 1923, and 1924?
§ Sir K. WOODThe Exchequer subsidy payable in respect of schemes under the Housing Act of 1919 depends on the rate of interest payable in future by local authorities in respect of their loans, and on other variable factors, and it is not, therefore, possible to state the capitalised value of the subsidies which will be payable. The amount paid by way of lump sum grants to private builders
| Site. | Number of Houses. | Super Area. | Accommodation. | Contract Price. | |
| Sq. ft. | £ | ||||
| Bracewell Farm | … | 90 | 620 | Living room, scullery, bathroom, 3 bedrooms. | 362* |
| Do. | … | 66 | 620 | Living room, scullery, bathroom, 2 bedrooms. | 362* |
| Nursery Lane | … | 62 | From 620 to 722 | Living room, scullery, bathroom, 2 bedrooms. | From 352* to 373. |
| Do. | … | 54 | Living room, scullery, bathroom, 3 bedrooms. | ||
| *Road and sewers are estimated to cost an additional £30 per house. |