Housing Authority Capital Receipts

23.

Mr. Torney
asked the Secretary of State for the Environment what is his estimate of the likely capital receipts of housing authorities over the next two years; and if he will make a statement.

Mr. Ridley
Our estimate of local authorities' housing receipts in 1987–88, as set out in the public expenditure White Paper, is £1·58 billion. Receipts are expected to continue at broadly this level in 1988·89.