HC Deb 04 May 1964 vol 694 cc127-8W
Mr. Skeet

asked the Minister of Housing and Local Government and Minister for Welsh Affairs what, under his regulations, is the maximum rate of subsidy payable for housing purposes; and upon what form of building and development it can be secured by a local authority in Middlesex.

Mr. Corfield

The maximum subsidy payable for new housing depends on the combination of several factors. The highest rate of basic subsidy under Section 4 of the Housing Act, 1961, is £24 a year per dwelling, which may be increased by payments under the First Schedule up to a total of £40 a year where an authority's rate resources are much below the average. Additional subsidies are payable under Section 5 of the Act where dwellings are provided in flats of 4 or more storeys or on sites costing more than £4,000 an acre as developed. The scale of subsidy for tall flats is as follows:

Number of Storeys Subsidy Increase per flat
4 £8
5 £14
6 £26
More than 6 £26 plus £1 15s. for each storey by which the block exceeds 6 storeys.

The amount of expensive site subsidy varies according to the cost of the sites. For sites costing more than £4,000 but less than £5,000 an acre the subsidy is £60 an acre. From that point the subsidy is progressively increased by £34 an acre for each £1,000 or part of £1,000 by which the cost per acre exceeds £5,000. Expensive site subsidy is not increased for a site costing more than £10,000 an acre unless it is developed by flats in blocks of 4 or more storeys.