We are taking steps to increase supply of low-cost rented housing where it is needed. The Housing Corporation's capital programme for new development by housing associations will rise to more than £2 billion by 1993–94 from £1 billion for 1990–91. Together with associations' use of private investment on a growing scale, that will increase their output financed through the Housing Corporation to more than 51,000 units a year by 1993–94 from 16,900 units in 1990–91. Deregulation of the private rented sector in 1989 has also led to a welcome increase in private letting.