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Housing Acts (Local Loans)

Volume 50: debated on Tuesday 25 March 1913

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asked the Secretary to the Treasury the amount of money lent by the Public Works Loan Commissioners under the Housing Acts in the last two years, distinguishing the amounts lent to local authorities, public utility societies, and private individuals, respectively; and whether the total amount which may be lent for all purposes by the Public Works Loan Commissioners in any one year is limited; and, if so, what is the limit?

submitted the following figures:—

Granted.*Advanced.
Year 1911–12–££
To local authorities167,51882,296
To Public utility societies.151,253175,885
To Private individuals, companies, etc.19,72527,751
Totals 1911–12£338,496£285,932
Year 1912–13 (up to and including 20th Mar., 1913)—
To local authorities404,321303,184
To Public utility societies.466,716133,077
To Private individuals, companies, etc.6,11737,015
Totals 1912–13£877,154£473,276
Grand totals£1,215,650£759,208
*These include advances made out of amounts granted previously to 1911. Loans are not always taken up in one sum but by instalments, as required.