§ Mr. WareingTo ask the Secretary of State for the Environment what was the level of the housing investment programme allocation awarded to Liverpool in each financial year since 1978–79; and what the changes amounted to, in real terms.
§ Mr. YeoHousing investment programme—HIP—allocation and gross capital expenditure figures are as follows:
£ thousands HIP allocation Gross Expenditure1 cash value at 1991–92 prices cash value at 1991–92 prices 1978–79 35,460 96,195 30,832 83,640 1979–80 42,430 98,651 52,611 122,322 1980–81 47,230 92,798 40,277 79,137 1981–82 39,788 71,293 35,479 63,572 1982–83 49,337 82,524 55,076 92,123 1983–84 41,850 66,901 60,700 97,034 1984–85 38,499 58,612 65,169 99,214 1985–86 31,000 44,727 83,751 120,837 1986–87 27,500 38,414 69,323 96,835 1987–88 25,300 33,518 64,651 85,652 1988–89 20,588 25,448 45,151 55,810 1989–90 23,349 27,103 49,338 57,271 New Capital Finance System2 1990–91 38,037 40,700 55,194 59,058 31991–92 31,620 31,620 4— 4— Notes: 1 Since 1981–82 local authorities have been able to augment the borrowing power of their HIP allocations by using the prescribed proportion of their capital receipts. 2 From 1990–91, under the new capital finance system, the HIP allocation does not convey borrowing approval directly. The HIP allocation totals include supplementary credit approvals for housing projects. 3 Provisional estimate of final allocation. 4 Not available. An initial HIP allocation of £26.7 million—125.6 million at 1991–92 prices—has been issued for 1992–93 and additional resources—supplementary credit approvals—may be allocated later.