§ Mr. Sydney Chapman
asked the Secretary of State for the Environment how much of the Government's official £80 million loan sanction to enable local authorities to buy land for resale for housing development has now been allocated; and how these allocations have been distributed between the different regions.
§ Mr. Channon
£69.68 million has been provisionally allocated to date, apportioned between the regions as follows:
£ million South-East 51.62 West Midlands .35 East Midlands 2.00 East Anglia 12.65 Yorkshire & Humberside .47 South-West 2.49 North .03 North-West .07 £69.68
While the scheme was intended principally to assist land assembly in the main pressure areas of the South-East and West Midlands, applications were welcome from local authorities in any region and the same standards have been applied.