Section: Housing Provision

London benefits from 18,700 genuinely affordable homes started in 2021/22

Posted 13.05.22
Mayor of London: Further reading

New stats for 2021/22 show that 18,722 affordable homes were started in London by councils and housing associations - a 40% increase on the previous year's figures and the highest number of starts since GLA records began in 2003.

Nearly 10,000 homes started in the last year will be available at social rent levels - the highest annual figure in the last decade.

The number of genuinely affordable homes completed across London rose last year too, with 10,252 completed in 2021/22 - up from 9,051 homes the year before.

Affordable homebuilding is underway across London, with every borough reporting new starts in the last financial year.

More affordable homes were started by providers in Southwark than in any other borough, with work beginning on 2,090 new affordable homes.

Newham was the top borough for affordable housing completions, with 1,156 new homes finished by affordable housing providers and developers last year.

The Mayor has lobbied government ministers to ensure the GLA is able to meet the rising building costs that risk delivery and has called for additional grant funding for affordable housing in the capital.

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