HC Deb 19 April 1977 vol 930 cc20-4W
Mr. Sedgemore

asked the Secretary of State for the Environment if, in accordance with his answer to the hon. Member for Luton, West, of 1st April 1977, he will now give the figures for housing expenditure asked for at 1976 survey prices so as to enable comparisons to be made between Command Paper No. 6393 and Command Paper No. 6721.

Mr. Freeson

The attached table compares, at 1976 Survey prices, the housing programmes in Table 2.7 of Cmnd. 6721 with those in Cmnd. 6393. As explained in Cmnd 6721, the figures for 1979–80 are more than usually provisional in that they were not reviewed in the light of the measures announced on 15th December 1976. Consequently a less detailed breakdown was provided for that year.

CHANGES FROM CMND. 6393 REVALUED—GREAT BRITAIN £M. AT 1976 SURVEY PRICES
1971–72 1972–73 1973–74 1974–75 1975–76 1976–77 1977–78 1978–79 1979–80
Subsidies
Central Government +16.6 -12.9 -25.8 +10.9 +42.8 +70.8 +219.0 +284.8
Rate Fund Contributions -8.3 -53.8 +5.4 +37.9 +82.6 +130.6 +113.7
Rebates and Allowances -27.4 +33.0 -2.4 -7.9 +12.3 -6.1 +22.0
Totals +16.6 -48.6 -46.6 +13.9 +72.8 +165.7 +343.5 +420.5 +410
Option Mortgage Scheme +10.9 +4.3 -4.6 -5.5 -12
Local Authority Investment
Land +5.7 +3.1 +1.3 -27.7 +30.8 -27.2 -55.3 -49.8
New Dwellings +66.1 +62.8 +182.2 -40.4 -118.3
Acquisition +2.5 +1.3 +2.3 -14.0 -78.1 -93.7 -68.7
Improvements +26.3 -4.6 -7.9 +73.6 +104.0
Other Investment -1.3 +5.3 +13.2 +30.1 +31.0 +22.2 +13.3 +13.6
Total +6.9 +9.7 +16.8 +94.8 +106.0 +91.2 -102.5 -119.2 +58
SSHA Investment +4.6 +1.9 -2
New Towns' Investment -3.1 -11.5 -8.1 -11.0 -19.8 -13.1 -75.4 -72.1 -49
Sales +47.4 -153.7 +82.3 +4.7 +0.8 +2.1 +45.1 +0.4 +3
Improvement Grants +10.7 +20.5 +17.9 -0.6 -3.6 -37.8 -45.9 -4.2 -4
1971–72 1972–73 1973–74 1974–75 1975–76 1976–77 1977–78 1978–79 1979–80
Lending to private persons for house purchase and improvements
Gross -37.1 +107.2 +35.2 +103.1 +96.8 -73.7 -269.5 -284.7 -295
Repayments -9.3 -10.1 -7.1 +14.4 -32.6 +30.1 +13.0 +26.4 +43
Loans and Grants to Housing Associations
Grants +4.4 -16.8 -50.5 -51.0
Loans by the Housing Corporation:
Gross -0.8 -9.5 -48.1 -68.3 -33.1
Repayments +0.1 +0.1 +21.2 +21.5 -0.4
Loans by local authorities:
Gross +21.0 +32.9 +7.7 +15.1 +28.9 +12.7 +0.9 +0.3
Repayments +2.1 +2.9 +2.5 +1.4 +2.4 +30.7 +30.7 +0.3
Total +23.1 +35.8 +10.2 +15.8 +26.3 -0.3 -65.7 -83.9 +11
Other lending (net) -5.7 +109.4 -36.4 +1.8 -39.1 +17.3 +7.3 +7.8 +12
Administration +13.7 -3.7 -5.5 -3.9 -5
Total Changes +49.5 +58.7 +64.2 +250.6 +219.4 +187.7 -160.2 -118.4 +170