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Housing Act 1974

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This is the original version (as it was originally enacted).

29Housing association grants

(1)The Secretary of State may, in accordance with the provisions of section 30 below, make grants (in this Part of this Act referred to as " housing association grants") to registered housing associations, other than associations falling within section 18(1)(b) of this Act, in respect of their expenditure in connection with housing projects approved by him.

(2)For the purposes of this Part of this Act a project is a housing project if it is undertaken for all or any of the following purposes, namely,—

(a)providing housing or residential accommodation,

(b)improving such accommodation,

(c)repairing such accommodation,

(d)providing land or buildings for purposes which, in the opinion of the Secretary of State, will be for the benefit of persons for whom any housing or residential accommodation is or is to be provided, and

(e)improving or repairing any such buildings as are referred to in paragraph (d) above,

and in this subsection " housing or residential accommodation " means dwellings which are or are to be let or available for letting or a building or part of a building used or for use as a hostel or part of a hostel and for this purpose the grant of a licence to occupy shall be treated as a letting.

(3)No housing association grant shall be paid in respect of any project unless an application therefor is submitted to the appropriate body, that is to say,—

(a)in England and Wales, if the registered housing association concerned makes an application to a council for a loan under section 119 of the Housing Act 1957 in connection with the project, to that council, and in any other case to the Corporation, and

(b)in Scotland, to a local authority, the Corporation or the Secretary of State,

and where a council in England and Wales, a local authority in Scotland or the Corporation receive an application under this subsection, they shall forward it to the Secretary of State together with their own assessment of the project.

(4)Subject to subsection (5) below, the housing association grant payable to a registered housing association in respect of a housing project approved by the Secretary of State shall be equal to the net cost of the project to the association.

(5)The Secretary of State may, with the consent of the Treasury, determine maximum levels of cost or of grant applicable to housing projects generally, to any particular housing project or to any description of housing project, and the amount of the housing association grant payable in respect of a project to which any such determination applies shall be limited in accordance with the determination.

(6)Subject to subsection (7) below, for the purposes of this section the net cost of a housing project to a registered housing association means the difference between—

(a)the estimated expenditure of the association which, in the opinion of the Secretary of State, is attributable to the project and reasonable and appropriate, having regard to all the circumstances, and

(b)the estimated income which, in the opinion of the Secretary of State, the association might reasonably be expected to receive in respect of the project, including any sums received or to be received by way of grant or subsidy under any enactment, other than this section,

and for this purpose estimated expenditure and estimated income shall be calculated in such manner as the Secretary of State may, with the consent of the Treasury, from time to time determine, and any such calculation may take account of expenditure likely to be incurred and income likely to be received after the completion of the project in connection with the premises to which the project relates.

(7)If, in the case of an application for a housing association grant in respect of a particular project, it appears to the Secretary of State that it would be appropriate to do so, he may for the purposes of this section determine the net cost of the project to the association in such manner as he considers appropriate instead of in accordance with subsection (6) above.

(8)Before making any general determination for the purposes of subsection (5) or subsection (6) above, the Secretary of State shall consult such bodies appearing to him to be representative of housing associations as he considers appropriate.

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