I shall complete my references to housing management before giving way.
We have taken a series of steps in housing management as a preliminary to the further steps that will be anchored in the legislative proposals to which my right hon. Friend referred. We have taken matters further than that. We have initiated schemes that I know were lying on my predecessor's desk in the previous Tory Administration. Conservative Members have endorsed the schemes in the House and elsewhere, but they did not act upon them when in office.
Community leasehold schemes, shared equity schemes and co-operatives are now coming forward in their hundreds in various forms throughout the country. There are almost 150 co-operative schemes in the pipeline as a result of action taken only 18 months ago. The setting up of a Co-operative Housing Agency is another measure that we have undertaken. I could quote a series of other actions that we have undertaken in contact with local authorities and in sponsoring projects at official level and ministerially. That has been going on over the past four years. It is now producing the result that lead us to provide the framework in legislation that will carry matters further forward.