More money for council teams
Mon 29th October 2018, 9:54 am
Mayor of London Sadiq Khan has announced a £10 million fund to help London councils boost their housebuilding programmes.
The Homebuilding Capacity Fund will allow local authorities to bid for up to £750,000 to hire new staff for housing and planning teams.
Bids will be considered that help to deliver: a new generation of council homes; more homes, including social rented and other genuinely affordable homes on small sites; proactive masterplans in areas with significant growth potential and optimal density across new residential developments in an area.
Khan said: "London's housing crisis has been decades in the making and there is no easy solution – but we will only make progress if councils can take a lead in getting new homes built. I am able to do this thanks to the business rates devolution deal between the capital and central government – giving us more control to spend more money on the things that matter most to Londoners."
The Greater London Authority will be at Sitematch London on 7 February 2019 to meet with private sector developers and investors. To secure your meeting, contact Jake Westhead on 020 7978 6840.