§ Mr. LoveTo ask the Secretary of State for the Environment, Transport and the Regions what proportion of the housing corporation grant has been allocated to the housing cooperatives in each of the last five years; what plans he has to increase expenditure on housing cooperatives; and if he will make a statement. [53336]
§ Mr. RaynsfordThe proportion of Housing Corporation grant allocated to housing co-operatives in the last five years is set out in the table.
The Housing Corporation is currently reviewing its housing co-operative policy with the intention of producing a consultation document later in the year.
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Funding of co-operatives in England in the last five years Year Proportion of HC rented programme for co-operatives (%) 1993–94 2.6 1994–95 1.1 1995–96 0.7 1996–97 0.7 1997–98 0.1