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Andium Homes

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WQ.88/2021

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY SENATOR S.Y. MÉZEC

QUESTION SUBMITTED ON MONDAY 8th MARCH 2021

ANSWER TO BE TABLED ON MONDAY 15th MARCH 2021

Question

Will the Minister (in consultation with the Minister for Social Security, if necessary) provide a breakdown of the following information for each of the last 5 years -

  1. the amount that Andium Homes has provided to the Treasury as their financial return;
  2. the amount that the Income Support budget has been topped up by Supplementation;
  3. the amount paid directly by the Government, in respect of rental payments for their tenants, to Andium Homes; and
  4. the amount paid in Income Support in respect of the rental component of private sector tenancies?

Answer

a)  Andium Homes has paid the following sums to the Treasury as part of the agreed annual return:-

2016  £27.728 million 2017  £28.214 million 2018  £28.739 million 2019  £29.673 million 2020  £30.474 million

  1. The Income Support budget is provided as part of the Customer and Local Services departmental budget. It is not "topped up by supplementation".
  2. and (d)

As the value of Income Support paid to a particular household depends not only on the mix of components that it is entitled to, but also on the other income received by the household, it is not straightforward to report on the value of a specific component in respect of overall Income Support costs. However, to enable an estimate of different types of cost to be made, a method of allocating costs within the various components is used. This method divides the actual Income Support benefit received by a household in proportion to the gross value of each of the components that the household is eligible for, to allocate a specific net value to each of the components. The table provides approximate net values for the cost of rental support to Andium tenants and private sector tenants.

 

Approximate annual proportional expenditure on accommodation £000

2015

2016

2017

2018

2019

2020

Andium Homes Rental

15,995

16,460

16,612

16,795

17,088

18,701

Private Rental

10,118

9,521

8,904

9,127

9,215

11,281