§ Mr. McNamaraTo ask the Chancellor of the Exchequer what assessment he has made of the proposed housing market renewal fund. [51781]
§ Ruth Kelly[holding answer 22 April 2002]: We have received a joint representation from the National Housing Federation, Key Cities Housing Group and the Northern Housing Forums, proposing a Housing Market Renewal Fund to address the serious problems experienced by areas affected by low housing demand. We are considering this and other proposals as part of the current Spending Review and our conclusions will be announced in due course.