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Homebuy Scheme

Volume 487: debated on Monday 9 February 2009

To ask the Secretary of State for Communities and Local Government how much has been spent on the Social Homebuy scheme since its inception. (254198)

Social HomeBuy is a voluntary demand-led scheme. Registered social landlords who choose to offer the scheme to their tenants bid to the Homes and Communities Agency for grant to cover the discount offered to the tenant. From April 2006 to end of January 2009, spend through the National Affordable Housing programme totalled £3.4 million.

No funding is provided to local authorities offering the scheme other than £132,770 given to help early pilots with development and set up costs in 2006-07.