Posted 01.09.21
Mayor of London: Further reading
The Mayor of London, Sadiq Khan, has agreed a new deal with Government to fund thousands of council and other genuinely affordable homes for Londoners over the next five years, in the first round of bidding for his new 2021-26 affordable homes programme.
This new programme - running alongside the extended 2016-23 programme - will see 79,000 new homes started over the next five years.
This bidding round cements the council housing comeback in London, with more than four in ten of the homes being built by councils - a total of 12,024 homes.
In total, almost six in ten of the homes (16,739 homes) funded by the first round of this affordable homes programme will be made available at the cheapest social rent.
The remainder will be for shared ownership and London Living Rent - which can help Londoners on average incomes move into homeownership.
Homes built as a result of these funding programmes must be environmentally sustainable. New standards introduced in the Mayor's New London Plan include requirements for all developments of ten or more homes to be net zero-carbon and to incorporate sustainable urban green spaces.
There are also new conditions to be met on on building safety and design, these include:
Providers must also live up to new equality, diversity and inclusion standards, with training for all employees, a zero-tolerance approach to discrimination and a commitment to recruiting from diverse and under-represented groups.
In addition, they will also be expected to publish details of their gender and ethnicity pay gaps.
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