§ 49. Mr. Frank Allaunasked the Secretary of State for the Environment if he will now give his revised estimates of approximately how much council house subsidies will be in 1975–76 compared with what they would have been by then under the existing system.
§ Mr. AmeryIf the existing subsidy system continued, the estimated net charges on the Consolidated Fund in connection with housing in England and Wales for 1975–76 might be about £550 million. Under the Housing Finance Bill, the total net charges are estimated to be about £350 million in that year.
§ 125. Mr. Chapmanasked the Secretary of State for the Environment what was the total Government subsidy for local authority housing in 1971, and what proportion of this went to subsidise flats in blocks of five storeys or more.
§ Mr. AmeryThe total payments of subsidies, including improvement contributions, to local authorities, new towns 429W and housing association in England and Wales in 1971–72 is estimated at about £200 million. Additional subsidies under the Housing Subsidies Act, 1967, in respect of flats of five or more storeys account for about 4 per cent. of total subsidies under that Act.