Housing Revenue Accounts

House of Lords written question – answered at on 14 October 2014.

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Photo of Baroness King of Bow Baroness King of Bow Labour

To ask Her Majesty’s Government which local authorities bid for additional borrowing headroom under the Local Growth Fund Housing Revenue Account Borrowing Programme 2015–17; what were the values of those bids; and how many new homes were involved.

Photo of Lord Ahmad of Wimbledon Lord Ahmad of Wimbledon Parliamentary Under-Secretary (Department for Communities and Local Government)

On 9 October 2014 the Government announced £122 million of additional Housing Revenue Account borrowing to support over 1,700 new affordable homes and local growth across twenty two local authorities.

The table below details all the local authorities who bid for additional borrowing headroom.

Provider name Offer line name Units Additional borrowing (£m) Status
Ashford Borough Council Maidstone Road, Charing 21 £1,434,000 Accepted
Birmingham City Council Birchfield Phase 2 18 £540,000 Accepted
Birmingham City Council Jarvis Road 60 £3,600,000 Accepted
Birmingham City Council Radnor Road HRA 13 £780,000 Accepted
Birmingham City Council Caynham Road 20 £1,200,000 Accepted
Birmingham City Council Kings Norton Phase 1 44 £2,640,000 Accepted
Birmingham City Council White Farm Road Phase 2 6 £360,000 Accepted
Birmingham City Council Park Lane Aston 10 £600,000 Accepted
Birmingham City Council Cat Lane Shard End 15 £900,000 Accepted
Birmingham City Council Bangham Pit Road 21 £1,260,000 Accepted
Cannock Chase District Council Glenhaven 21 £1,015,000 Accepted
Cannock Chase District Council Hannaford Way 7 £770,000 Withdrawn
Cannock Chase District Council Pool Avenue 2 £220,000 Withdrawn
Cheshire West and Chester Council Brook Farm 10 £357,000 Accepted
Cheshire West and Chester Council Sherbourne Road 10 £357,000 Accepted
Cheshire West and Chester Council EPN Garage Sites 18 £946,775 Accepted
Cheshire West and Chester Council Greyhound Stadium 40 £2,117,885 Accepted
Cheshire West and Chester Council Former Acorns School 20 £1,063,684 Accepted
Cheshire West and Chester Council Woodford Lodge Winsford 120 £6,740,735 Accepted
Cheshire West and Chester Council Stoak Lodge 12 £958,769 Accepted
City of Westminster Council Tollgate Gardens Housing Renewal 86 £8,467,561 Accepted
City of Westminster Council Lisson Arches Older People's Scheme 45 £7,500,000 Rejected
Dudley Metropolitan Borough Council Wrens Nest EO 2 £46,000 Accepted
Dudley Metropolitan Borough Council Dudley Guest 40 £2,001,888 Accepted
Dudley Metropolitan Borough Council Middlepark Road 41 £2,080,000 Accepted
Dudley Metropolitan Borough Council Roseville (archives) 16 £824,000 Accepted
Dudley Metropolitan Borough Council Portway Close 8 £414,000 Accepted
Dudley Metropolitan Borough Council Lea Bank Road 6 £312,000 Accepted
Dudley Metropolitan Borough Council Marley Drive 4 £209,200 Accepted
Dudley Metropolitan Borough Council Mars Close/Priory Field 3 £157,200 Accepted
Dudley Metropolitan Borough Council The Walk Depot 3 £166,000 Accepted
Eastbourne Borough Council Glynde Avenue Bungalow 1 £57,988 Accepted
Eastbourne Borough Council Tenterden Close 4 £322,400 Accepted
Eastbourne Borough Council 43-45 Longstone road 4 £303,000 Rejected
Eastbourne Borough Council Fort Lane, Eastbourne 3 £257,000 Rejected
Eastbourne Borough Council Belmore road 4 £362,000 Rejected
Eastbourne Borough Council Ringwood, Eastbourne 2 £260,000 Rejected
Eastbourne Borough Council 84 Northbourne, Eastbourne 5 £663,000 Rejected
Guildford Borough Council Corporation Club 12 £360,000 Accepted
London Borough of Barking and Dagenham Leys Phase 2 Wellington Drive 69 £3,200,000 Accepted
London Borough of Camden Council Harrington Square 2 £193,103 Accepted
London Borough of Camden Council Maitland Park 51 £4,819,500 Accepted
London Borough of Camden Council Lamble Rent 3 £283,500 Accepted
London Borough of Camden Council Kiln Place 6 £567,000 Accepted
London Borough of Camden Council Crowndale Road 2 £189,000 Accepted
London Borough of Camden Council Chalton Street 10 £945,353 Accepted
London Borough of Camden Council Raglan Street 16 £1,527,704 Accepted
London Borough of Camden Council Three Fields 23 £2,209,500 Accepted
London Borough of Camden Council Laystall, Camden 5 £457,852 Accepted
London Borough of Camden Council Heybridge Shared Ownership 2 £189,000 Accepted
London Borough of Ealing Peterhead Court 74 £11,601,940 Accepted
London Borough of Ealing Buckingham Avenue, Perivale 25 £3,803,110 Accepted
London Borough of Ealing Norwood Green 10 £1,661,400 Withdrawn
London Borough of Ealing Northholt Grange 25 £4,202,640 Withdrawn
London Borough of Ealing West End Gardens Rent 20 £3,814,200 Withdrawn
London Borough of Ealing Northolt School Triangle 20 £3,470,220 Rejected
London Borough of Ealing High Lane estate 34 £5,807,880 Rejected
London Borough of Ealing Hotspur road, Northolt 10 £1,661,400 Rejected
London Borough of Ealing Yeading site 30 £4,885,920 Rejected
London Borough of Hackney Great Eastern Building 14 £560,000 Accepted
London Borough of Hackney Bridge House 39 £1,560,000 Accepted
London Borough of Hackney Marian Court 21 £1,260,000 Accepted
London Borough of Harrow Binyon Cres 2 £82,000 Accepted
London Borough of Harrow Amy Johnson Court 3 £123,000 Accepted
London Borough of Harrow The Heights 3 £123,000 Accepted
London Borough of Harrow Alexandra Avenue 11 £457,000 Accepted
London Borough of Harrow Grove Avenue 7 £293,000 Accepted
London Borough of Harrow Holsworth Close 4 £188,000 Accepted
London Borough of Harrow Stuart Avenue 4 £188,000 Accepted
London Borough of Harrow Chenduit Way 4 £188,000 Accepted
London Borough of Harrow Moelyn Mews 2 £94,000 Accepted
London Borough of Sutton Centry House Fellowes Road 15 £675,000 Accepted
London Borough of Sutton Richmond Green 28 £1,260,000 Accepted
London Borough of Sutton Ludlow Lodge Wallington 47 £2,115,000 Accepted
London Borough of Tower Hamlets Baroness Road 22 £3,629,814 Accepted
London Borough of Tower Hamlets 6 Jubilee Street 26 £4,594,980 Accepted
London Borough of Tower Hamlets Stepney Way 15 £2,712,735 Rejected
London Borough of Tower Hamlets Spellman street 3 £630,484 Rejected
London Borough of Waltham Forest Mayfield Road 48 £7,128,278 Accepted
Luton Borough Council Aldenham Close Luton 5 £150,000 Accepted
Northampton Borough Council Dallington Beck 100 £8,600,000 Accepted
Thurrock Council Tops Club, Grays 16 £960,000 Accepted
Thurrock Council 64-82 Argent Street 38 £2,280,000 Accepted
Thurrock Council Grays Foyer 30 £1,800,000 Accepted
Thurrock Council Vehicle Testing Centre 79 £4,740,000 Accepted
Thurrock Council Yacht Club, Thurrock 30 £1,800,000 Accepted
West Lancashire BC (URB) Firbeck Revival Scheme 39 £2,507,935 Accepted
Wiltshire Council Southview Trowbridge 50 £1,500,000 Accepted
Wiltshire Council Warminster Extra Care 40 £1,200,000 Accepted
Winchester City Council Westman Road 12 £359,969 Accepted
Winchester City Council 2 Spring Vale 2 £160,000 Accepted
Total 1973 £162,034,502  

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