Government policies
Housing investment programme
| Starting dates | Gradual |
|---|---|
| Key department | DCLG |
| Key delivery agency | Local authorities |
| Budget/target/comment |
A variety of targets including: (1) By March 2002, to reduce the backlog of council house repairs by at least 250,000 with more than 1½ million council houses benefiting from the new investment by March 2002. (2) To reduce the number of people sleeping rough by two-thirds from current levels by 2002 (achieved). An overall budgetary allocation of £2.65 billion in 2001/02 and £2.55 billion in 2002/03. From 2002/03, HIP became part of the Single Capital Pot process whereby the bulk of capital resources are allocated to local authorities through a cross service Basic Credit Approval. |