§ Mr. CorbettTo ask the Secretary of State for the Environment (1) what is the planned financial allocation in the financial year 1995–96 in respect of each housing action trust; and in each case, what proportion of total housing action trust spending these allocations represent; [4826]
513W(2) what has been the annual financial allocation to each housing action trust in each year since their start; and, in each case, what proportion of total housing action trust spending these allocations represent. [4827]
1991–92 1992–93 1993–94 1994–95 1995–96 Housing action trust Grant-in-aid £million Percentage of gross expenditure Grant-in-aid £million Percentage of gross expenditure Grant-in-aid £million Percentage of gross expenditure Grant-in-aid £million Percentage of gross expenditure Estimated Grant-in-aid –million Percentage of estimated gross expenditure Castle Vale — — — — 2.3 100 6.4 55 12.0 68 Liverpool — — 0.2 100 16.0 83 13.7 71 18.0 78 North Hull 9.8 98 14.5 93 26.5 94 27.4 91 17.0 84 Stonebridge — — — — — — 0.9 100 3.0 60 Tower Hamlets — — — — 8.6 100 6.9 71 10.0 81 Waltham Forest 0.3 95 11.8 78 25.0 98 36.7 94 30.0 90 Total 10.1 98 26.5 86 78.4 93 92.0 83 90.0 81
§ Mr. CorbettTo ask the Secretary of State for the Environment if he will list the estimated total cost to public funds of each housing action trust completing its agreed programmes, giving the figures(a) in total and (b) for each trust. [4828]
§ Sir Paul BeresfordFor North Hull housing action trust, the total cost to public funds is estimated to be about £115 million. For the other trusts, the estimated costs to public funds of the housing development and/or refurbishment programmes envisaged in the studies preceding the establishment of each HAT were as follows:
Housing action trust Date established Estimated development cost £ million Castle Vale 1993 130 Liverpool 1993 130 Stonebridge 1994 100 Tower Hamlets 1993 65–85 Waltham Forest 1992 160–170 The trusts and my Department are currently reviewing estimates of trusts' lifetimes, costs and the balance of their funding in the light of updated assessments of their housing and other regeneration activities and the scope for engaging private finance to help meet their objectives. We plan to complete these reviews during 1996–97.