HC Deb 05 November 1968 vol 772 c51W
Sir B. Rhys Williams

asked the Minister of Housing and Local Government whether he will take steps to give special financial assistance to housing societies which are unable to proceed with schemes already approved by the Housing Corporation because of the shortage of building society finance.

Mr. MacColl

Since the setting up of the Housing Corporation under the Housing Act, 1964, housing societies have been expected to find at least two-thirds of their finance from building societies or other private sources. My right hon. Friend sees no reason for varying this rule.