HL Deb 14 July 1998 vol 592 cc10-1WA
Lord Gordon of Strathblane

asked Her Majesty's Government:

What are the implications for local authority rents of the figures announced today for expenditure on housing revenue account subsidy included in the total of annually managed expenditure. [HL2797]

Baroness Hayman

The provision for housing revenue account subsidy allows for a real increase in local authority rents of 1 per cent. next year and 2 per cent. in each of the following two years. The consequent increase in rental income net of increased rent rebates will be available for increased revenue expenditure on maintaining the stock. The detailed proposals for the determination of HRA subsidy for 1999–2000 and subsequent years will be subject to consultation in the usual way. Rent policy for the longer term remains under consideration within the welfare reform process.