§ Mr. Durantasked the Secretary of State for the Environment whether he has decided the breakdown of the Housing Corporation's approved development programme for 1983–84.
§ Mr. StanleyMy right hon. Friend announced on 25 November that the gross provision for the Housing Corporation in 1983–84 will be £690 million, comprising an allocation of £630 million plus an estimated £60 million of capital receipts. This maintains the enhanced level of investment that the Housing Corporation will achieve this year, where the outturn, excluding debt refinancing, is expected to be about one third higher in cash terms than in 1981–82.
Of the gross provision of £690 million, £500 million will be needed to meet existing commitments on fair rent and hostel schemes. This is substantially more than was originally provided in the corporation approved development programme for 1982–83. The balance of the provision will be used largely to finance new schemes for rent and for low-cost home ownership. The provision for low-cost home ownership schemes is substantially greater than that made in the 1982–83 programme.
The detailed breakdown of the corporation's approved development programme is as follows:
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Housing Corporation—Approved Development Programme 1983–84 (All figures expressed in estimated 1983–84 outturn prices) £ million £ million Net Allocation (cash limit) 630 Receipts 60 Gross allocation 690 Memorandum of authorisation: Programme heads Existing fair rent and hostel projects 1. Contracted expenditure (Block 1) 350 2. New tenders approved (Block 2) 150 New fair rent and hostel projects 3. (a) Sheltered housing for the elderly* 16 (b) Hostels and other shared housing† 11 (c) Other needs (rehabilitation and new build)‡ 48 75 Other tenures 4. (a) Improvement for sale║ (b) Leasehold schemes for the elderly║ 40 (c) Shared ownership║ 53 93 5. Major repairs 15 6. Mini hag 1 684 7. Right to buy mortgages 6 690 Note: Included in Blocks 2 and 3 (fair rent) and 4 (home ownership) is an additional amount of £5.63 million provided by the Secretary of State to cover the cost of certain projects to be undertaken in Merseyside.
* "Elderly" incorporates all provision specifically for elderly people, Abbeyfields, schemes for the frail elderly and almshouses.
† "Other shared housing" includes cluster flats, group homes and move-on accommodation involving special design.
‡ "Other needs": associations will receive priority where their schemes contain provision for accommodation for the elderly, disabled or for people moving on from hostels.
║ Committed new projects.