§ Mr. Frank Allaunasked the Secretary of State for the Environment what advice has his Department or the Housing Corporation offered to housing associations as to their model rules and provision to safeguard the rights of individual tenants or members.
§ Mr. StanleyIn consultation with the National Federation of Housing Associations and the Registrar of Friendly Societies, the Housing Corporation has prepared and published model rules for various types of housing associations. These cover the rights of tenants as well as the objects and powers of associations. In the case of co-ownership societies, the corporation has also published a recommended form of tenancy agreement.
§ Mr. Robert Taylorasked the Secretary of State for the Environment what is the total amount of money owed by housing associations which is guaranteed by the Housing Corporation; and how this amount compares with comparable debts 12 and 24 months ago.
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§ Mr. StanleyGuarantees issued by the Housing Corporation in respect of borrowing by housing associations stood at £106,045,000 at 31 May 1980, against a statutory limit of £300,000,000. The comparable figures for 31 May 1979 and 31 May 1978 were £100,148,000 and £80,400,500 respectively. The total includes guarantees by the corporation (for £50 million in 1980 and 1979, and £35 million in 1978) in respect of borrowing by its subsidiary company, Housing Corporation Finance Co. Ltd. on behalf of associations.