§ Lord Hylton
asked Her Majesty's Government:
Whether during the first half of 1982–83 the Housing Corporation underspent or overspent on its capital programme; and what result is expected on this programme in the full year.
§ Lord Bellwin
The Housing Corporation's net expenditure in England in the first six months of 1982–83 was £310 million against its original annual cash limit of £530 million. However, my right honourable friend announced on 15th November an increase in the corporation's cash limit for the current year to £680 million.