Written question asked by Ed Davey (Liberal Democrat) on Friday, 18 February 2005, in the House of Commons. It was due for an answer on Tuesday, 1 March 2005. It was answered by Keith Hill (Labour) on Tuesday, 1 March 2005 on behalf of the Office of the Deputy Prime Minister.

Office of the Deputy Prime Minister

Question: To ask the Deputy Prime Minister, whether centrally pooled capital receipts from the sale of council homes under the Right to Buy in debt free authorities will be used as Approved Development Programme funding.

Answer: Mr. Edward Davey: To ask the Deputy Prime Minister whether centrally pooled capital receipts from the sale of council homes under the Right to Buy in debt- free authorities will be used as Approved Development Programme funding. [217578] Keith Hill: Pooled capital receipts from debt-free authorities do not form a dedicated funding stream into any particular grant or borrowing support regime, rather, the level of pooled capital receipts from debt-free authorities are taken account of when the Office of the Deputy Prime Minister is determining its level of investment in housing, including the Approved Development Programme.

Secondary information

Type: Written question
Reference: 217578; 431 c1129W;431 c1124W
Session: 2004-05
Subjects: Council housing Income Sales Right to buy scheme Approved development programme
Link: View this Written question on www.publications.parliament.uk