Housing Investment - Commons Oral Answer - Prime Minister

Richard Burden MP (Labour, Birmingham Northfield): One of the projects that stands to be affected by the Government's decision to put on hold £600 million of housing investment is the housing element of the redevelopment of the Longbridge site in my constituency? Will the Prime Minister tell me what priority he will attach to the regenerative effects of such housing projects?
The Prime Minister: Everyone wants regeneration to continue in Birmingham... We want that regeneration to continue. The problem with the previous Government's housing commitments, particularly on social housing, is that they simply were not funded. One of the things that we and the Secretary of State for Business, Innovation and Skills have been able to do, in making £6 billion of cuts this year, is plough back some of that money into social housing schemes, which the last Government promised but never funded.