Winners revealed in London council housing boom

index_sadiqkhan2_557573

Mayor Sadiq Khan details borough-by-borough distribution of £1bn funding pot

The east London borough of Newham has emerged as the biggest winner in cash terms from a £1bn fund set up by Sadiq Khan to support the delivery of new council housing.

Mayor Khan’s Building Council Homes for Londoners programme is distributing cash to 26 of the capital’s 32 boroughs, with the funding targeting construction of more than 11,000 new council homes over the next four years. It will also support the delivery of a further 3,570 other homes, including those to be allocated to tenants at London Living Rent levels.

A breakdown of the figures shows that Newham is getting the largest single cash allocation, with a payment of £107.5m in relation to the delivery of 1,123 new homes. Other big winners include Southwark, Brent, Ealing and Hounslow. (See table below for full details.)

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

Gated access promo

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