Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, with reference to his Department's explanatory memorandum to its Supplementary Estimate 2017-18, how much funding remains allocated to estate regeneration in each financial year from 2018-19.
The Government remains committed to estate regeneration and reaffirmed this commitment by announcing an additional £400 million at Autumn Budget.
Below is a table that outlines the funding (net budget) allocated to the Estate Regeneration Programme from 2018/19 onwards. This is comprised of the remaining balance of previously allocated funding plus £400 million made available to the Department as part of the Autumn Budget settlement.
Estate Regeneration Programme | Capital (Financial Transactions) Net Budget | |||||
£'000 | 2018/19 | 2019/20 | 2020/21 | 2021/22 | 2022/23 | Total |
Loans | 93,700 | 95,800 | 109,400 | 100,000 | 498,900 | 498,900 |