Affordable Housing: Finance

Communities and Local Government written question – answered on 30th March 2010.

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Photo of Grant Shapps Grant Shapps Shadow Minister (Communities and Local Government) (Housing and Planning), Co-Chair, Conservative Party

To ask the Secretary of State for Communities and Local Government

(1) how much funding his Department allocated under the New Build HomeBuy scheme in each region in (a) 2008-09 and (b) 2009-10; and how much such funding has been allocated for (i) 2010-11 and (ii) 2011-12;

(2) how much funding his Department allocated under the Rent to HomeBuy scheme in each region in (a) 2008-09 and (b) 2009-10; and how much such funding has been allocated for (i) 2010-11 and (ii) 2011-12;

(3) how much funding his Department allocated to each region for low cost home ownership programmes in (a) 2008-09, (b) 2009-10 and (c) 2010-11 to date;

(4) how much funding his Department allocated under the HomeBuy Direct scheme in each region in (a) 2008-09 and (b) 2009-10; and how much such funding has been allocated for (i) 2010-11 and (ii) 2011-12.

Photo of John Healey John Healey The Minister for Housing

I refer the hon. Member to the answer I gave him on 2 March 2010, Hansard, column 1127W, which provided allocations by region for HomeBuy Direct, New Build HomeBuy, Open Market HomeBuy, First Time Buyer's Initiative, Social HomeBuy and Rent to HomeBuy.

In addition the following table shows the allocations provided by region in 2008-09 for New Build HomeBuy, Rent to HomeBuy, and low cost home ownership. There were no HomeBuy Direct allocations in 2008-09.

£ million
Region New Build HomeBuy Rent to HomeBuy Low cost home ownership
East Midlands 18.64 14.70 47.27
East of England 24.41 22.52 106.52
London 178.16 93.15 452.58
North East 4.78 0.99 9.35
North West 44.71 15.38 68.03
South East 52.44 9.23 156.98
South West 19.03 7.67 63.94
West Midlands 28.29 6.58 57.47
Yorkshire and the Humber 17.65 6.56 35.00
Total 388.11 176.79 997.13
Source:

Homes and Communities Agency

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