Housing: Finance
(asked on 2nd May 2018) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask Her Majesty's Government how much funding or borrowing approval for housing was returned to HM Treasury in (1) 2014–15, (2) 2015–16, and (3) 2016–17.
This question was answered on 17th May 2018
Below is a table which sets out the housing budget surrenders made by the Department from 2014/15 to 2016/17.
£/ million | 14/15 | 15/16 | 16/17 | Total |
Capital Financial Transaction | 38 | 1000 | 12 | 1050 |
Capital Non-FT |
|
| 70 | 70 |
Total | 38 | 1000 | 82 | 1120 |
Budgets were surrendered in 2015/16 as part of the Spending Review (SR) process. These budgets were secured in future years for the following SR period and had no effect on overall programme delivery.