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Housing: Local Government Finance

Volume 474: debated on Thursday 3 April 2008

To ask the Secretary of State for Communities and Local Government what value of subsidy was paid to each local authority from the Housing Revenue Account in the last year for which figures are available. (192793)

A table showing housing revenue account subsidy entitlement for each local housing authority in 2006-07 has been deposited in the Library of the House.

Housing revenue account (HRA) subsidy is a deficit subsidy paid to those local housing authorities where their assumed need to spend on their housing stock is greater than their assumed income to enable them to run their local authority housing. Where assumed income is greater than assumed need to spend, for 2006-07, this was recycled inside the HRA subsidy regime to help pay for the national HRA subsidy bill.