§ Mr. StreeterTo ask the Secretary of State for the Environment what is the annual running cost of the Housing Corporation.
§ Mr. BaldryThe amount of grant in aid paid by my Department to the Housing Corporation for net running costs in 1992–93 was nearly £28 million. Expenditure during 1993–94 is expected to total just over £30 million, of which £2 million is for the second phase of the corporation's new information technology strategy.