HC Deb 19 December 1990 vol 183 cc165-6W
Mr. Corbyn

To ask the Secretary of State for the Environment if he will state the housing investment programme bids received, and the agreed level of programme, by his Department for each of the last 10 years.

Mr. Yeo

The table compares local authorities' bids with the capital allocations, which provide part of the available resources to fund capital expenditure, and actual outturn.

Local authority housing capital expenditure: England: £ million
Proposed programme HIP allocation1 Gross expenditure outturn
1982–83 3,480 2,192 2,483
1983–84 3,560 2,233 3,176
1984–85 4,480 1,852 3,187
1985–86 4,870 1,605 2,802
1986–87 5,420 1,459 2,883
1987–88 6,040 1,400 3,151
1988–89 6,650 1,331 3,470
1989–90 6,330 1,095 34,442
1990–91 6,500 21,913 N.A.
1991–92 36,020 21,861 N.A.
1 For the years up to 1989–90 Housing Investment Programme allocations made by the Department relate to the borrowing approvals available to local authorities to finance their housing capital programmes. In addition capital expenditure could be

financed from capital receipts (subject to certain conditions) and from revenue sources. A new capital finance system was introduced for 1990–91 in which the HIP allocations comprise annual capital guidelines and resources for specified capital grants. A proportion of local authorities' usable receipts are then taken into account in arriving at a figure for the basic credit approval which permits borrowing.
2 Allocations made to date for these two years.
3 provisional.

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