The mayor of London has announced allocation details of a £1bn grant fund, financing construction on almost 15,000 new homes across 26 boroughs over the next four years.
The programme aims to build at least 11,000 council homes for social rent and will be funded through a £4.82bn housing fund secured from the government earlier this year.
Newham LBC was the biggest winner, securing £107m to build 1,123 homes, followed by Ealing LBC, which was allocated £99m for 1,138 homes.
Sadiq Khan used Tuesday’s announcement to call on the prime minister to release even more housing funds, as councils need “at least four times” more cash for new social and affordable homes.
Mr Khan said the money will “help councils go much further” in relation to house building.
“It is welcome that the prime minister has recently listened to calls that I and others have long made for councils to be able to borrow more to build. But let me be clear: lifting the borrowing cap for councils must be just the first step of reform, not the last,” he said.
Assembly member Andrew Boff (Con) has previously called on the mayor to commit to building more “family-sized homes of three or four bedrooms”, as not to do so “failed the 360,000 children living in overcrowded homes in London”.
|London Borough||Homes||GLA Grant Allocation|
|Redbridge||400||(funding from right-to-buy receipts)|
|Kingston upon Thames||713||£67,844,000|
|Kensington & Chelsea||336||£33,600,000|
|Barking & Dagenham||565||£25,338,000|
|Hammersmith & Fulham||251||£15,308,000|
|City of London||156||£14,880,000|