My Department’s indicative contribution to the regional development agencies single programme budget is £1485.097 million for 2009-10 and £1198.326 million for 2010-11.
On 2 September 2008, the Government announced that £300 million would be redirected from my Department’s contribution to the RDA single programme budget to fund the Homebuy Direct scheme to help first-time buyers to purchase new build homes. The aforementioned totals given reflect this £300 million redirection, currently profiled as £25 million in 2009-10 and £275 million in 2010-11.