Haringey to ask City Hall for funding to build its council housing stock

By Hamish Champ2018-08-10T06:00:00

North London council to apply to Sadiq Khan’s affordable housing grant

Haringey Council plans to finance its own housebuilding operation with funds from the Mayor of London’s affordable housing grant after ditching its housing partnership with Lendlease.

Last month the north London council’s executive voted to throw out the Haringey Development Vehicle (HDV), which was designed to build around 6,000 homes and which the previous Labour council had agreed in principal with the Australian contractor.

As well as the prospect of being facing legal action from Lendlease to recover costs incurred as it worked towards starting the £2bn scheme, Haringey has to find the money to build the 1,000 homes it has pledged to put up during the four-year term of the current administration.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community