§ Mr. Battle
To ask the Secretary of State for the Environment what plans the Government have to sell the Housing Corporation's £1.2 billion loan portfolio; and if he will ensure that the proceeds will remain in the housing sector. 
§ Mr. Curry
The Government are considering the possibility of sale of the Housing Corporation's portfolio of loans to housing associations, but no decision has been taken on the matter. In the event of sale, the proceeds would be applied to redemption of the corresponding borrowing from the national loans fund.