§ Mr. MorganTo ask the Secretary of State for Wales what is his most up-to-date estimate of the cost to public funds of the proposed takeover of the Corlan housing association and associated companies by Wales and West housing association.
§ Mr. GristThe long-term cost to public funds is expected to be nil. However certain moneys owed to Housing for Wales by the Corlan housing association are not expected to be repaid in the current financial year and are being rescheduled as a short term interest bearing loan.
§ Mr. MorganTo ask the Secretary of State for Wales what representations he has received relating to the finances of the Corlan housing association and its proposed takeover by Wales and West housing association.
§ Mr. GristIn all, 20 letters and five petitions have been received. My right hon. Friend has met with a deputation representing the staff and tenants of the association.
§ Mr. MorganTo ask the Secretary of State for Wales whether information arising from the HACAS inquiry into the financial crisis at the Corlan housing association has been supplied to(a) the South Wales constabulary, (b) the Director of Public Prosecutions and (c) the Serious Fraud Office.
§ Mr. GristThe inquiry instituted by Housing for Wales into the affairs of the Corlan housing association is continuing.
§ Mr. MorganTo ask the Secretary of State for Wales what is his most up-to-date estimate of the impact on the number of new houses and flats to be constructed in the social housing category in Wales in 1990–91, 1991–92 and 1992–93, of the finances of the Corlan housing association and its proposed takeover by Wales and West housing association.
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§ Mr. GristHousing for Wales has made alternative arrangements for the completion of grant aided schemes under construction by the Corlan housing association. The social housing programme is not expected to be significantly affected; the completion of some schemes will be delayed by a few weeks beyond the date originally anticipated.
§ Mr. MorganTo ask the Secretary of State for Wales whether he will make it his policy to place a copy of the HACAS report into the financing at Corlan housing association in the House of Commons Library.
§ Mr. GristHousing for Wales is responsible for the inquiry into the affairs of the Corlan housing association. It is not customary to publish reports of inquiries carried out under section 28 of the Housing Associations Act 1985.