§ Mr. SteinbergTo ask the Secretary of State for the Environment if he will list the housing investment programme allocations for the City of Durham in each year since 1979 in actual terms and at 1991 prices.
§ Mr. YeoSince 1981–82, authorities have been able to augment the borrowing power of their HIP allocations by using the prescribed proportion of their capital receipts. The HIP allocations made to Durham city council, and its total capital expenditure on housing, have been as follows:
£ thousands HIP allocation Gross expenditure Cash 1991–92 prices Cash 1991–92 prices 1979–80 2,748 6,389 2,785 6,475 1980–81 2,235 4,391 2,129 4,179 1981–82 1,996 3,576 1,938 3,473 1982–83 2,850 4,767 3,882 6,493 1983–84 2,222 3,552 3,875 6,195 1984–85 2,571 3,914 4,121 6,274 1985–86 2,232 3,220 3,999 5,770 1986–87 1,831 2,558 4,718 6,590 1987–88 1,844 2,443 5,480 7,260 1988–89 1,840 2,274 6,022 7,444 1989–90 2,288 2,656 7,502 8,708 New Capital Finance System1 1990–91 3,578 3,828 5,103 5,460 1991–92 3,087 23,087 6,068 36,068 1 For 1990–91 and 1991–92, under the new capital finance system, the HIP allocation does not convey borrowing approval directly. 2 The figure shown here is not final. Additional supplementary credit approvals are expected to be issued in the course of the year. 3 Local authority's own estimate.