Thursday, 31 October 2013

Social Rented Housing – Parliamentary Written Answer

Mr Spencer: To ask the Secretary of State for Communities and Local Government what grants his Department has made to social housing providers to improve the quality of their stock since May 2010; which such providers have retained those grants; and what the amount was of each such grant.
Kris Hopkins: Since May 2010 DCLG has confirmed allocations of £2.1 billion to social housing providers, to be paid by 2014-15. Of this, £1.6 billion is going to councils as 'decent homes backlog' funding, and £500 million to private registered providers as gap funding. Gap funding is paid to private registered providers when the expenditure required to bring the homes to the Decent Homes Standard is greater than the rental income. DCLG provides the funds to bridge that gap. Details of council and private registered provider recipients respectively, together with the amounts to be paid between 2011 and 2015 to these bodies, and the five private finance initiative contracts that have been signed by councils since May 2010, have been placed in the Library of the House.

No comments: