§ Lynne JonesTo ask the Deputy Prime Minister what capital resources for housing investment have been allocated at 2002–03 prices to Birmingham City Council in each year since 1990–91. [93097]
§ Mr. McNultyThe information requested is tabled as follows:
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£million Actual allocations1 In 2002–03 prices2 1990–91 62.3 87.2 1991–92 54.3 71.6 1992–93 54.1 69.2 1993–94 47.7 59.6 1994–95 36.2 44.7 1995–96 41.6 49.9 1996–97 40.0 46.5 1997–98 35.0 39.4 1998–99 44.9 49.2 1999–2000 45.1 48.2 2000–01 80.9 84.7 2001–02 90.2 92.5 2002–03 87.9 87.9 2003–043 74.0 72.4 1Covers housing annual capital guidelines (which include an element to be financed from authorities' capital receipts); the major repairs allowance; support for disabled facilities grants; the Capital Receipts Initiative; and ring-fenced support for a number of housing schemes, eg Cash Incentive Schemes. Estate Action scheme funding is excluded. 2Allocations have been converted to 2002–03 prices using the GDP Deflator. 3The reduction in the allocation in 2003–04 mainly reflects a change in the local government capital finance system which means the allocations no longer include an element assumed to be financed from authorities capital receipts. The figure also excludes the allocation for disabled facilities grants which has not yet been announced.
§ Lynne JonesTo ask the Deputy Prime Minister what assessment he has made of the annual housing investment that will be needed to ensure that his target for decent homes is met. [93098]
§ Mr. McNultyTo meet the decent homes target for social housing the investment needed has to both tackle homes that currently fail the standard and prevent homes from falling below it. For homes currently owned by local authorities the estimated average annual investment in their stock required to deliver decent homes is £3.5 billion at current prices. This figure will reduce with stock losses from this sector. The Office of the Deputy Prime Minister does not yet have comparable figures for homes owned by Registered Social Landlords.