Croydon announces ambitious housing plans
Wed 29th June 2016, 4:39 pm
The London Borough of Croydon has launched a wholly-owned housing company, Brick by Brick, to build more than 1,000 homes on council-owned land by 2018. Some of these will be classed as affordable; others will be available on the open market.
Brick by Brick will be kept off the council’s balance sheet so it can borrow outside of government restrictions.
Cllr Alison Butler, cabinet member for homes, regeneration and planning, said: "With many parts of the country in the grip of a serious housing crisis, Croydon is taking control and getting back into the housebuilding business to help our local communities and address the shortage of homes."
The council has also announced its 2016/2021 community strategy, which sets out an annual target of 1,200 homes.
Cllr Tony Newman, council leader, said: "It’s also about not just council-run schemes, such as genuinely affordable housing for local families, but also close partnership with government, the private and voluntary sectors and the NHS to make sure Croydon gets the investment and improvements we need in the years to come."
The strategy will still need approval from the cabinet and full council before it can be implemented.
The London Borough of Croydon will attend Sitematch London to discuss its housing plans with developers. To book your place at the event, email Paul Gussar at email@example.com.