§ Lord HYLTON
asked Her Majesty's Government:
What is the estimated cost in the current year to the Housing Corporation of "monitoring" housing associations; how many associations it expects to monitor in the current year and the subsequent two years; and whether any economies can be made in the cost of monitoring.
§ Lord BELLWIN
The estimated cost to the Housing Corporation of carrying out monitoring and spot audit visits to 250 and 330 associations respectively during the current financial year is £900,000. Present plans envisage a continuing annual programme of monitoring visits to 250–300 associations and the completion of the spot audit programme in 1981–82. The Housing Corporation is currently reviewing its monitoring procedures to ensure that it discharges its statutory duty to supervise and control registered housing associations at the minimum possible cost.