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Housing Investment, Liverpool

Volume 204: debated on Tuesday 18 February 1992

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To ask the Secretary of State for the Environment what was the level of the housing investment programme allocation awarded to Liverpool in each financial year since 1978–79; and what the changes amounted to, in real terms.

Housing investment programme—HIP—allocation and gross capital expenditure figures are as follows:

£ thousands
HIP allocationGross Expenditure1
cash valueat 1991–92 pricescash valueat 1991–92 prices
1978–7935,46096,19530,83283,640
1979–8042,43098,65152,611122,322
1980–8147,23092,79840,27779,137
1981–8239,78871,29335,47963,572
1982–8349,33782,52455,07692,123
1983–8441,85066,90160,70097,034
1984–8538,49958,61265,16999,214
1985–8631,00044,72783,751120,837
1986–8727,50038,41469,32396,835
1987–8825,30033,51864,65185,652
1988–8920,58825,44845,15155,810
1989–9023,34927,10349,33857,271
New Capital Finance System2
1990–9138,03740,70055,19459,058
31991–9231,62031,62044
Notes:
1 Since 1981–82 local authorities have been able to augment the borrowing power of their HIP allocations by using the prescribed proportion of their capital receipts.
2 From 1990–91, under the new capital finance system, the HIP allocation does not convey borrowing approval directly. The HIP allocation totals include supplementary credit approvals for housing projects.
3 Provisional estimate of final allocation.
4 Not available.
An initial HIP allocation of £26·7 million—125·6 million at 1991–92 prices—has been issued for 1992–93 and additional resources—supplementary credit approvals—may be allocated later.