TNAG-0523-FCO40-618-Visits-of-members-of-Urban-Council-from-Hong-Kong--to-UK-1975 — Page 39

1) New building

aid to housing associations

(2) Aid to private enterprise

(3) Improvements

aid to housing associations

(4) General improvement areas

(5) Clearance

(6) Rents (collection of rates, etc.)

£ 1,000

4,499

14, 490

160

1, 260

130

260

(7) Management (hostels)

(8) Unassigned (rates, rebates, etc.)

(9) Nominations (Note)

(10) Housing loans

(11) Expanding towns

(12) New towns

(13) Unassigned (see Note on Page 26)

Total Expenditure

30, 160

2,700

51, 930

27,800

20

770

£134,180,000

1

(Note): Housing associations receive loan facilities and financial assistance from the Council in return for rights of nomination for up to 70% of the vacancies accruing from new developments and 50% from conversion schemes.

27