Housing (Hansard, 20 December 1973)

§ Mr. Rowlands
asked the Secretary of State for Wales what proportion of the 405W housing subsidies estimated for 1972–73 to 1977–78 will be for rate fund contributions to the housing revenue accounts of local authorities.

§ Mr. Peter Thomas
The proportion of estimated housing subsidies, under the Housing Finance Act 1972, represented by rate fund contributions to the housing revenue accounts of local authorities is as follows:

Year per cent.

1972–73 9.2

1973–74. 14.1

1974–75 17.1

1975–76 21.6

1976–77 21.6

1977–78 21.6

§ Mr. Rowlands
asked the Secretary of State for Wales what proportion of the housing subsidies estimated for 1972–73 to 1977–78 will be for the provision of housing by local authorities, new town authorities and housing associations, respectively.
406W

§ Mr. Peter Thomas
The proportion of estimated housing subsidies, under the Housing Finance Act 1972, for the provision of housing is as follows:

Year Local Authorities New Towns Authorities Housing Associations

Per cent. Per cent. Per cent.

1972–73 60.3 3.6 0.6

1973–74 27.8 1.6 0.4

1974–75 34.2 1.4 0.4

1975–76 35.7 1.3 0.5

1976–77 35.7 1.3 0.5

1977–78 35.7 1.3 0.5

§ Mr. Rowlands
asked the Secretary of State for Wales whether he will publish in the OFFICIAL REPORT a table for housing expenditure in Wales under the categories listed in Table 2.7 of Command Paper No. 5519.

§ Mr. Peter Thomas
The table is as follows:
407W

£ million at 1973 Survey prices

1968–69 1969–70 1970–71 1971–72 1972–73 1973–74 1974–75 1975–76 1976–77 1977–78

Subsidies … 10.8 12.7 12.8 16.3 16.8 21.6 22.7 22.2 22 22

Option Mortgage Scheme … 0.1 0.1 0.2 0.3 0.4 0.6 1.3 1.4 2 2

Improvements

Improvement Grants … 1.7 1.8 2.5 4.5 1.4 24.2 13.3 6.2 7 7

Local Authority Improvement Investment … 2.6 2.6 2.4 3.8 5.1 15.2 11 .5 7.3 8 8

Investment

Gross … 45.9 40.9 34.6 29.9 24.2 19.3 25.7 24.9 23 23

Sales … −1.7 −1.8 −1.8 −2.3 −41 −4.0 −3.4 −3.6 −3 −4

Net … 44.2 39.1 32.8 27.6 20.1 15.3 22.3 21.3 20 19

Lending

Gross … 9.7 5.6 14.2 19.7 14.7 18.2 18.9 19.4 20 21

Repayments … −3.9 −4.3 −4.3 −5.1 −5.9 −7.8 −8.8 −9.7 −11 −11

Net … 5.8 1.3 9.9 14.6 8.8 10.4 10.1 9.7 9 10

Housing Administration … 0.6 0.8 0.4 0.4 0.7 0.8 0.7 0.8 1 1

Total … 65.8 58.4 61.0 67.5 61.3 88.1 81.9 68.9 69 69

Changes from Cmnd. 5178 revalued

Policy changes … — — — — — +2.4 +3.9 +4.5 +5 —

Estimating changes … — — — — −20.1 +8.0 +6.6 −6.7 −9 —

Cmnd. 5178 revalued … — — — — 81.4 77.7 71.4 71.1 73 —

408W

Year	per cent.
1972–73	9.2
1973–74.	14.1
1974–75	17.1
1975–76	21.6
1976–77	21.6
1977–78	21.6

Year	Local Authorities	New Towns Authorities	Housing Associations
	Per cent.	Per cent.	Per cent.
1972–73	60.3	3.6	0.6
1973–74	27.8	1.6	0.4
1974–75	34.2	1.4	0.4
1975–76	35.7	1.3	0.5
1976–77	35.7	1.3	0.5
1977–78	35.7	1.3	0.5

£ million at 1973 Survey prices
		1968–69	1969–70	1970–71	1971–72	1972–73	1973–74	1974–75	1975–76	1976–77	1977–78
Subsidies	…	10.8	12.7	12.8	16.3	16.8	21.6	22.7	22.2	22	22
Option Mortgage Scheme	…	0.1	0.1	0.2	0.3	0.4	0.6	1.3	1.4	2	2
Improvements
Improvement Grants	…	1.7	1.8	2.5	4.5	1.4	24.2	13.3	6.2	7	7
Local Authority Improvement Investment	…	2.6	2.6	2.4	3.8	5.1	15.2	11 .5	7.3	8	8
Investment
Gross	…	45.9	40.9	34.6	29.9	24.2	19.3	25.7	24.9	23	23
Sales	…	−1.7	−1.8	−1.8	−2.3	−41	−4.0	−3.4	−3.6	−3	−4
Net	…	44.2	39.1	32.8	27.6	20.1	15.3	22.3	21.3	20	19
Lending
Gross	…	9.7	5.6	14.2	19.7	14.7	18.2	18.9	19.4	20	21
Repayments	…	−3.9	−4.3	−4.3	−5.1	−5.9	−7.8	−8.8	−9.7	−11	−11
Net	…	5.8	1.3	9.9	14.6	8.8	10.4	10.1	9.7	9	10
Housing Administration	…	0.6	0.8	0.4	0.4	0.7	0.8	0.7	0.8	1	1
Total	…	65.8	58.4	61.0	67.5	61.3	88.1	81.9	68.9	69	69
Changes from Cmnd. 5178 revalued
Policy changes	…	—	—	—	—	—	+2.4	+3.9	+4.5	+5	—
Estimating changes	…	—	—	—	—	−20.1	+8.0	+6.6	−6.7	−9	—
Cmnd. 5178 revalued	…	—	—	—	—	81.4	77.7	71.4	71.1	73	—