§ Jeremy CorbynTo ask the Deputy Prime Minister what discussions he has held with the Housing Corporation concerning the funding of new developments through housing co-operatives; and if he will make a statement. [92342]
§ Mr. McNultyThere have been no discussions specifically about funding new developments through housing co-operatives.
The Housing Corporation publishes an annual National Investment Strategy which sets out its investment objectives and policies. This is supported by investment strategies produced in each region which contain regional priorities derived from the regional housing statements prepared by the Government office for the region and the corporation with various regional and local bodies. Funding in each region is allocated according to these priorities and registered social landlords, including housing co-operatives, can bid for this funding.