In a written Parliamentary answer Sir George announced the names of 12 authorities who will proceed, on a voluntary basis and subject to the approval of their tenants, with proposals to transfer their housing stock to housing associations during 1994/95.
Authorities and the 15 intended recipient housing associations are: asingstoke and Deane BC (4,900 dwellings) to Basingstoke and Upper Test HA;
Basingstoke and Deane BC (4,800 dwellings) to Basingstoke and North Hampshire HA;
Cherwell DC (3,483 dwellings) to Banbury Homes HA;
Cherwell DC (3,489 dwellings) to Cherwell Valley HA;
Harborough DC (2,853 dwellings) to South Leicestershire HA;
Maldon DC (2,100 dwellings) to Plume HA;
Malvern Hills DC (4,900 dwellings) to Elgar HA;
Mid Beds DC (3,015 dwellings) to Mid Beds HA;
North Dorset DC (3,000 dwellings) to North Dorset HA;
Thanet DC (1,760 dwellings) to Thanet Community HA;
Vale of White Horse DC (5,000 dwellings) to The Vale HA;
Walsall Metropolitan BC (1,760 dwellings) to Beechdale Community HA;
Wychavon DC (4,144 dwellings) to Evesham & Pershore HA; and
Wychavon DC (2,626 dwellings) to Droitwich Spa & Rural HA.
Over the last five years, 23 authorities have transferred their housing stock to housing associations, with the support of their tenants.
These transfers have involved 117,000 tenanted properties and have raised over £1,500 million in private sector funds, £1,000 million of which has been in the form of capital receipts to the local authorities concerned. The remainder will fund catch-up repairs and long-term programmes of repairs and maintenance to the transferred properties.