Mr. Alan W. WilliamsTo ask the Secretary of State for the Environment what is the monthly cost of the provision of a single homeless persons unit mortgaged over 25 years at current mortgage interest rates; and what is the current average monthly mortgage payment.
§ Mr. Robert B. Jones[holding answer 19 December 1994]As capital funding has been available from the Housing Corporation for the full cost of developing single homeless persons units, most units will have been developed without the need for borrowing. The corporation does not therefore have information available on mortgage costs.
Mr. Alan W. WilliamsTo ask the Secretary of State for the Environment what has been the cumulative total of running cost provisions over the previous five years on single homeless units; and what is the average annual expenditure per unit.
§ Mr. Robert B. Jones[holding answer 19 December 1994]The cumulative total provision by the Housing Corporation for the cost of housing management in single homeless units over the last five years has been £174 million at current prices. The average annual expenditure by housing associations on grant-aided schemes, taking account of income from all sources, is £6,240 per bedspace.
Mr. Alan W. WilliamsTo ask the Secretary of State for the Environment what has been the cumulative total of capital expenditure over the previous five years on the provision of single homeless persons units; and what is the average cost of providing a unit.
§ Mr. Robert B. Jones[holding answer 19 December 1994]: At current prices, the cumulative total capital expenditure by the Housing Corporation on the provision of single homeless persons units over the five years to 1993–94 amounts to £139.5 million. The average capital cost of providing a bedspace in a shared unit over that period was £31,000.