HC Deb 23 March 1926 vol 193 cc1049-50W
Sir G. COLLINS

asked the Secretary for Scotland the number of houses in Scotland approved for subsidy to 31t January, 1926, under the Housing, etc, Act, 1923, and the estimated capital value of the subsidies for these houses; and the number of houses approved for subsidy to 31st January, 1926, under the Housing (Financial Provisions) Act, 1924, and the estimated capital value of the subsidies for these houses?

Sir J. GILMOUR

The number of houses in Scotland approved for subsidy to 31st January, 1926, under the Housing, etc., Act, 1923, was 15,641. Taking the rate of interest at 4¾ per cent. the capital value of the annual Exchequer subsidies payable on these houses is estimated at approximately £1,202,950. The number of houses in Scotland approved for subsidy to the same date under the Housing (Financial Provisions) Act, 1924, was 13,749. The capital value of the annual Exchequer subsidies payable on these houses is estimated at approximately £2,213,100. Information is not available as to the capital values of the additional subsidies granted by local authorities in respect of these houses.