§ 20. Mr. Harry Greenway
To ask the Secretary of State for the Environment what proportion of current developments within the control of housing associations out of public funds are(a) for private ownership and (b) for public letting; what are the total numbers in each case; and if he will make a statement.
§ Sir George Young
The Housing Corporation estimates that this financial year its approved development programme will provide 2,400 homes for low-cost home ownership and 24,700 homes available for letting. These figures represent, respectively, 9 and 91 per cent. of the total number of completions.
Next year, the Housing Corporation will introduce a major programme of "do-it-yourself" shared ownership. This will be targeted on existing council and housing association tenants, thereby releasing rented accommodation for the homeless.