HC Deb 21 June 1979 vol 968 c689W
Mr. Craigen

asked the Secretary of State for the Environment how much money was expended in loans and grants to housing associations in England and Wales in each year since 1973–74 to the latest available year; how much of these sums were expended on housing co-operatives; and if he will also express these sums in terms of 1978–79 prices.

Mr. Geoffrey Finsberg

Public expenditure on loans and grants to housing associations in England and Wales for the years referred to was as follows:

Actual expenditure Expenditure at 1979 survey prices
£ million £ million
1973 121.9 263.2
1974–75 255.0 376.5
1975–76 386.1 516.6
1976–77 485.6 603.2
1977–78 513.3 594.6
1978–79* 534.0 546.0
* Provisional.

Comparable figures for co-operative housing alone are not available. The following table shows co-operative scheme approvals given by the Housing Corporation and the Greater London Council in years for which figures are available.

Housing Corporation At 1979 survey prices
£ million £ million
1976–77 2.2* 2.7
1977–78 7.8 9.0
1978–79 10.2 10.4
* Estimated.
GLC At 1979 survey prices
£ million £ million
1976–77 0.7 0.9
1977–78 2.1 2.4
1978–79 5.2 5.3

Figures for loans by local authorities other than the Greater London Council are not available but are thought to be relatively small.

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