Homes and Communities Agency: Finance

Grant Shapps
To ask the Secretary of State for Communities and Local Government (1) with reference to page 27 of the Homes and Communities Agency’s Corporate Plan for 2009, from which programmes he expects the Agency to make capital efficiencies; how much will be saved from each programme; and if he will make a statement;

(2) with reference to page 28 of the Homes and Communities Agency’s Corporate Plan 2009, from which programme the Agency expects to make programme efficiencies; how much will be saved from each programme; and if he will make a statement.

John Healey
Of the £108 million reprioritisation in 2009-10, £50 million is being found from making efficiencies within the national affordable housing programme, and £30 million comes from the Community Infrastructure Fund. £2 million is being found from the Property and Regeneration programme and £26 million comes from recycled receipts from the former Derelict Land Grant programme.

For 2010-11, a further £50 million will be found from efficiencies within the national affordable housing programme. The remaining £25 million of efficiencies will be identified at a later stage, following an assessment of performance and delivery options for 2010-11.