§ 64. Mr. Sydney Irvingasked the Minister of Housing and Local Government and Minister for Welsh Affairs what steps he is taking to encourage the formation of housing associations.
§ Sir K. JosephPublicity material has been issued; the organisation of the National Federation of Housing Societies has been strengthened; local authorities have been asked to increase their efforts to foster housing association work and, under the Housing Act 1961, a fund of£25 million for Exchequer loans to housing associations has been established.
In the result over 100 new associations were formed in 1962. This is considerably more than in recent years.
§ 65. Mr. Sydney Irvingasked the Minister of Housing and Local Government and Minister for Welsh Affairs what sums of money have been disbursed from the£25 million set aside for loans to housing associations under the Housing Act, 1961.
§ Sir K. JosephBy 5th February advances of£191,537 had been made towards the cost of schemes for which the ultimate Exchequer commitment will be about£1,200,000. Further schemes involving loans of about£1,100,000 have been agreed but the first advances on them have not yet been called for.