Huge housebuilding programme for Waltham Forest
Fri 17th April 2015, 9:57 am
The London Borough of Waltham Forest has announced plans to build at least 2,000 homes per year, which would mean delivering 12,000 by 2020.
Plans are outlined in a document published by the council called “Building for the Future – delivering housing for everyone in Waltham Forest”.
Of the 12,000 proposed homes, 2,000 will be developed on council-owned land. In order to reach these numbers, the local authority has indicated that it is considering setting up a private housing company – plans set out in a cabinet report from 9 December 2014.
To further accelerate housebuilding, the council is also considering relaxing planning policies using Compulsory Purchase powers at key locations.
Of council-led schemes, 50% of homes will be developed as affordable. Other residential projects will be required to incorporate a minimum of 35% affordable homes.
Read the document.