To ask the Secretary of State for Communities and Local Government what funds the Homes and Communities Agency has allocated to the development of the Olympic village for the London 2012 Olympic Games; and whether the sums allocated have been amended since the agency first agreed to provide funding for the village. (276914)

In April 2008 an allocation for the Olympic Village site of £85.9 million funding was agreed by the Department.

In February 2009 the London Board of the Homes and Communities Agency agreed additional funding for affordable housing up to a total cap of £110 million and provided that the total amount of affordable housing was no more than 50 per cent. of the residential on the Olympic Village.

Following the finalisation of the negotiation of the additional affordable housing units and a change in the mix of units agreed in the original proposal through the planning obligation, a total of £110 million in social housing grant was agreed. (£85.8 million for the units originally proposed plus £24.2 million for the additional units).