OpenLegislation

Section 19 Financial assistanceC1C2C3C4C5C6C7C8C9C10

England and Wales

I1I2(1)

The HCA F1or a strategic authority outside London may, with the consent of the Secretary of State, give financial assistance to any person.

F2(1A)

But the HCA F3or a strategic authority outside London must not give financial assistance in contravention of a direction given by the Regulator of Social Housing under section 100G.

(2)

Financial assistance under this section may be given in any form.

(3)

Financial assistance under this section may, in particular, be given by way of—

(a)

grants,

(b)

loans,

(c)

guarantee or indemnity,

(d)

investment, or

(e)

incurring expenditure for the benefit of the person assisted.

(4)

Financial assistance under this section may be given on such terms and conditions as the HCA F4or a strategic authority outside London considers appropriate (including provision for repayment, with or without interest).

I3(5)

The objects of the HCA are not to be read as preventing the HCA from exercising functions in relation to financial assistance (whether under this section or otherwise) which—

(a)

are transferred to the HCA from the Housing Corporation by virtue of this Act, or

(b)

would supersede functions of the Housing Corporation,

in ways corresponding to those in which the Housing Corporation could have exercised its functions.

F5(5A)

A strategic authority outside London may only exercise the functions conferred by this section for the purposes of, or for purposes incidental to the objectives of—

(a)

improving the supply and quality of housing in the area of the strategic authority;

(b)

securing the regeneration or development of land or infrastructure in that area;

(c)

supporting in other ways the creation, regeneration or development of communities in that area or their continued well-being;

(d)

contributing to the achievement of sustainable development and good design in that area,

with a view to meeting the needs of people living in that area.

(5B)

In subsection (5A)—

(a)

“good design” and “needs” have the same meanings as in section 2 (see section 2(2));

(b)

the reference to improving the supply of housing includes a reference to improving the supply of particular kinds of housing.

I4(6)

See also sections 31 to 35 (further provision about certain types of financial assistance: social housing).

Annotations

Textual amendments

F1

Words in s. 19(1) inserted (29.4.2026) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(3), Sch. 18 para. 8(2) (with s. 102)

F2

S. 19(1A) inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 4 (with Pt. 4)

F3

Words in s. 19(1A) inserted (29.4.2026) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(3), Sch. 18 para. 8(2) (with s. 102)

F4

Words in s. 19(4) inserted (29.4.2026) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(3), Sch. 18 para. 8(2) (with s. 102)

F5

S. 19(5A)(5B) inserted (29.4.2026) by English Devolution and Community Empowerment Act 2026 (c. 23), s. 108(1)(3), Sch. 18 para. 8(3) (with s. 102)

Modifications

C1

S. 19: functions made exercisable concurrently (20.12.2023) by The York and North Yorkshire Combined Authority Order 2023 (S.I. 2023/1432), arts. 1(2), 7

C2

S. 19: functions made exercisable concurrently (7.5.2024) by The North East Mayoral Combined Authority (Establishment and Functions) Order 2024 (S.I. 2024/402), arts. 1(3), 34 (with art. 9)

C3

S. 19: functions made exercisable concurrently (5.2.2025) by The Lancashire Combined County Authority Regulations 2025 (S.I. 2025/118), regs. 1(2), 5

C4

S. 19 applied (with modifications) (5.2.2025) by The Devon and Torbay Combined County Authority Regulations 2025 (S.I. 2025/115), regs. 1(2), 8(3), Sch. 2 Pt. 1

C5

S. 19 applied (with modifications) (5.2.2025) by The Greater Lincolnshire Combined County Authority Regulations 2025 (S.I. 2025/117), regs. 1(2), 9(3), Sch. 2 Pt. 1

C6

S. 19: functions made exercisable concurrently (5.2.2025) by The Hull and East Yorkshire Combined Authority Order 2025 (S.I. 2025/113), arts. 1(2), 15

C7

S. 19: functions made exercisable concurrently (5.2.2025) by The Devon and Torbay Combined County Authority Regulations 2025 (S.I. 2025/115), regs. 1(2), 5

C8

S. 19 applied (with modifications) (5.2.2025) by The Lancashire Combined County Authority Regulations 2025 (S.I. 2025/118), regs. 1(2), 8(3), Sch. 2 Pt. 1

C9

S. 19 applied (with modifications) (5.2.2025) by The Hull and East Yorkshire Combined Authority Order 2025 (S.I. 2025/113), arts. 1(2), 17(3), Sch. 3 Pt. 1

C10

S. 19: functions made exercisable concurrently (27.9.2025) by The Buckinghamshire Council, Surrey County Council and Warwickshire County Council (Housing and Regeneration Functions) Regulations 2025 (S.I. 2025/1051), regs. 1(2), 3 (with reg. 5)

Commencement

I1

S. 19(1)-(4) in force at 1.12.2008 for specified purposes by S.I. 2008/3068, art. 2(1)(j) (with arts. 6-13)

I2

S. 19(1)-(4) (6) in force at 1.4.2010 in so far as not already in force by S.I. 2010/862, art. 2 (with Sch.)

I3

S. 19(5) in force at 1.12.2008 by S.I. 2008/3068, art. 2(1)(j) (with arts. 6-13)

I4

S. 19(6) in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)