§ Mr. Frank FieldTo ask the Secretary of State for the Environment if an urban development corporation, arm's-length city challenge company, a housing action trust or the Urban Regeneration Agency may bid for the uncommitted non ring-fenced proportion of the single regeneration budget for 1995–96 and 1996–97.
§ Mr. BaldryParagraph 44 of the bidding guidance for the single regeneration budget for 1995–96, copies of 647W which are in the Library of the House, explains that English Partnerships—the Urban Regeneration Agency—urban development corporations and housing action trusts may join with other partners in promoting a bid for uncommitted resources from the single regeneration budget. Similarly, city challenge companies may take part in bids and, as paragraph 29 of the guidance makes clear, existing city challenge partnerships might in some cases form the basis for initiatives supported by the budget. Arrangements for the budget for 1996–97, including those relating to any uncommitted proportion of the budget, will be finalised in the light of the public expenditure settlement later in the year.