§ Mr. HinchliffeTo ask the Secretary of State for the Environment what estimate he has made of the number of housing association homes for rent which will be constructed in 1996–97; and what is his estimate for funding levels for 1996–97. [15484]
§ Mr. ClappisonEstimates of funding for housing associations and the number of homes that they will provide in 1996–97 have recently been published by the Housing Corporation as part of the approved development programme. Public funding for the ADP during the year will be £1,062.8 million, including £40 million receipts, of which some £786.7 million will be used to provide homes for rent. In addition, schemes funded through the ADP are expected to attract some £827 million of private finance.
The ADP is expected to provide around 28,000 housing association homes for rent during 1996–97 through new build and rehabilitation. Funding from the ADP, local authorities and other sources is expected to provide a total of around 60,000 additional social lettings for rent or shared ownership in 1996–97.