§ Mr. FearnTo ask the Secretary of State for the Environment if he will bring forward legislation to create a legal and financial framework appropriate to consumer owned and controlled housing organisations.
§ Mr. YeoA suitable framework is already in place for the promotion and support of ownership co-operatives.368W Grants are available from the Housing Corporation to assist their development and capital support is provided to registered co-operatives through the Housing Corporation's approved development programme. The Corporation is currently developing a comprehensive new strategy for tenant participation in the housing association sector to include both ownership and management options. Tenant management initiatives in local authority housing are promoted by the Department through an enhanced grant programme.