§ Mr. Altonasked the Secretary of State for the Environment what proportion of the extra funding available to the inner cities he estimates will be spent on the housing stock.
Type of scheme Number of projects Grant £ million Private investment £ million Gearing ratio Number of jobs created or retained Number of houses and flats Land reused (Acres) Industrial Factories/workshops/warehouses 49 19.4 73.6 1:3.8 7,328 15 188 Business expansion projects 20 6.9 26.5 1:3.8 2,835 0 43 Commercial Retail 25 19.4 109.6 1:5.6 4,242 12 61 Office 19 4.8 22.3 1:4.6 1,968 5 12 Tourism and recreation 16 15.2 58.5 1:3.8 2,888 0 38 Housing New build 31 11.4 42.5 1:3.7 97 2,462 218 Refurbishment/conversion 19 8.3 21.1 1:2.5 139 1,205 54 All UDG schemes 179 85.4 354.1 1:4.1 19,497 3,699 614 Notes:
(a) Tourism and recreation includes also hotels and trade centres.
(b) The grant figures include £2.5 million of public expenditure other than UDG.
(c) Mixed-use schemes are included in the predominant type.