§ Mr. SpellerTo ask the Secretary of State for the Environment if he will consider special credit applications from local authorities to cover the open-ended cost of renovation grants.
§ Mr. YeoMy Department has recently considered applications for a share of £25 million available as supplementary credit approvals (SCAs) to assist local authorities facing greatest pressure through demand for mandatory renovation grants in 1991–92. Bidding authorities were informed of our decisions in November 1991. For 1992–93, £30 million has been earmarked for issue as SCAs for mandatory grants. Local authorities will be invited to bid for a share of this reserve in due course.