Sarah Teather MP (Liberal Democrat Shadow Minister for Housing): What recent estimate has been made of the likely effect of the proposals in the 2010-11 draft HRA Subsidy Determination on the total net outturn of HRA subsidy for 2010-11?
John Healey MP (Minister for Housing): Any HRA subsidy forecast for a future year can change significantly due to interest rate and stock movement changes, and other information submitted by local authorities through HRA subsidy returns. We will not have data from local authorities to inform estimates of any subsidy surplus for 2010-11 until after the first subsidy claim forms are received at the end of March 2010.
John Healey MP (Minister for Housing): Any HRA subsidy forecast for a future year can change significantly due to interest rate and stock movement changes, and other information submitted by local authorities through HRA subsidy returns. We will not have data from local authorities to inform estimates of any subsidy surplus for 2010-11 until after the first subsidy claim forms are received at the end of March 2010.
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