§ Lord Dean of Beswickasked Her Majesty's Government:
Further to the Written Answer by the Lord Whitty on 19 October (WA 127–8), what funds were available for house building prior to the additional £5 billion which will have been made available over the life of this Parliament. [HL3524]
§ Lord WhittyThe 1997 Annual Report of the then Department of the Environment shows that, under the last government's expenditure plans, capital expenditure through the Housing Corporation net Approved Development Programme and Local Authority Housing (the main sources of public funding available for house building) was set to fall to £1,196.8 million in 1999–2000. Under the expenditure plans announced in the Deputy Prime Minister's 22 July statement on Housing and Regeneration Policy, copies of which are in the Library, support for these programmes (including resources made available through the Capital Receipts Initiative) will rise to £1,889.6 million in 1999–2000 and to £3,056.9 million by 2001–02.