§ Sir ROBERT THOMASasked the Secretary to the Treasury whether he is aware that the housing scheme in the Wrexham rural district is held up owing to the delay on the part of the Treasury in coming to a decision as to whether a loan for building will be granted; and whether he is now in a position to declare the policy of the Government in respect to the granting of loans to areas where die assessable value exceeds £200,000?
§ Dr. ADDISONAs previously stated, the Treasury cannot undertake to make loans to local authorities with a rateable value exceeding £200,000, in addition to providing a large subsidy for housing. Consideration is being given to the question of what advice can be given to local authorities to assist them to raise the necessary capital for the areas for which they are responsible. The amount immediately required by the Wrexham Rural District Council to meet capital expenditure on housing is very small, and I do not think there is any reason why they should not proceed with their scheme.