Section: Housing Provision

City Hall to buy land for affordable homes in London

Posted 06.09.17
London Gov: Article link

The Mayor of London, Sadiq Khan, has announced his intention to earmark £250 million for City Hall to use for buying and preparing land for new and affordable housing, as he published his first draft Housing Strategy for London.

The money made from selling the land to homebuilders will be recycled to buy further land for new and affordable homes, unlocking opportunities across the capital.

Sadiq has also set out plans to bring together London's private tenants and landlords to develop plans for a new 'London Model' of renting, as he called on Government to help London's increasingly hard-pressed renters.

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Updated 07.09.17

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