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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.

Asked by

Ed Davey (Liberal Democrat)

Answering body

Office of the Deputy Prime Minister

Type

Written questions

Status

Answered

Date

1 March 2005

Reference

217578; 431 c1129W;431 c1124W

House

House of Commons

Office of the Deputy Prime Minister

To ask the Deputy Prime Minister, what proportion of the 10,000 social rented homes to be provided annually by 2007-08 will be funded from (a) the additional £430 million in Approved Development Programme funding and (b) efficiency savings; if he will break down by Government Office Region the location of...

Asked by

Ed Davey (Liberal Democrat)

Answering body

Office of the Deputy Prime Minister

Type

Written questions

Status

Answered

Tabled on

3 November 2004

For answer on

11 November 2004

Answered on

11 November 2004

Mr. Edward Davey: To ask the Deputy Prime Minister (1) what proportion of the 10,000 social rented homes to be provided annually by 2007-08 will be funded from (a) the additional £430 million in Approved Development Programme funding and (b) efficiency savings; [196836] (2) if he will break down by Government office region the location of the 10,000 social rented homes to be provided annually by 2007-08. [196837] Keith Hill: The Office of the Deputy Prime Minister will provide an additional 10,000 homes a year for social rent funded by direct investment through the Approved Development Programme, an expanded private finance initiative programme and efficiencies in procurement. Decisions have not yet been taken on how regional housing pot funding, of which the Housing Corporation's Approved Development Programme is one element, for 2006-07 and 2007-08 (including the additional funding for affordable housing) is split between regions. This needs to reflect the different pattern of needs across regions and the Government's national housing priorities, including development of the growth areas, and targets. The Office of the Deputy Prime Minister aims to complete this work, which raises some complex issues, by the end of the year. The Office of the Deputy Prime Minister will announce decisions on allocation of funding within regions next summer in the light of recommendations from Regional Housing Boards, which are due in May next year. Even after the regional allocations are decided the location of the additional social housing rented units will not be known until after the respective bidding rounds. In many cases the homes will be provided through a combination of grant and efficiency savings.

Date

11 November 2004

Reference

426 c849-51W;426 c853-5W; 196836;196837

House

House of Commons

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