HC Deb 25 January 1983 vol 35 c409W
Mr. Heddle

asked the Secretary of State for the Environment, further to his statement of 15 November 1982 on capital spending programmes, whether local authorities are now allocating part of their capital underspend for purchasing new homes for resale on a shared-purchase basis.

Mr. Stanley

The answer that I have today given to my hon. Friend the Member for Reading, North (Mr. Durant) sets out the details of the additional allocations for 1982–83 which have so far been approved in response to bids from local authorities. Some of those allocations are specifically to purchase new houses for resale on a shared ownership basis. Other local authorities may be using for this purpose either some of their original HIP allocations for 1982–83 or some of their capital receipts.

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