Building Council Homes for Londoners

Mayor Sadiq Khan has secured more than £4.8bn from the Government to help start building at least 116,000 affordable homes by March 2022. This will help Londoners who would otherwise struggle to rent or buy, and forms part of Homes for Londoners - the Mayor's work to tackle London's housing crisis. Building Council Homes for Londoners is dedicated to supporting councils to increase their capacity to deliver new-build programmes.

Funding prospectus

The Mayor published his Building Council Homes for Londoners funding prospectus in May 2018. This will help councils to build a new generation of council homes, with the majority of homes based on social rent levels. The prospectus explains how to get funding and other support from the Mayor and any rules that apply.

If you have any questions, check our FAQs. If you can't find the answer to your question, email: [email protected]

Addendum

An addendum to the Building Council Homes for Londoners funding prospectus programme was published in July 2018. This sets out how councils could bid for the £500 million additional Housing Revenue Account (HRA) borrowing. Following central Government's decision to abolish HRA borrowing caps, bidding for additional HRA borrowing headroom is no longer necessary.

Bidding

A combination of financial and non-financial support is available to councils as part of Building Council Homes for Londoners who have Investment Partner status with the GLA. Bids must be submitted through the GLA’s Open Project System (OPS).

The initial bidding period has now closed. If you have questions about submitting additional bids for further funding, contact [email protected]

Find out more about becoming a GLA Investment Partner.

Allocations

The initial programme allocation is £1,049.3m grant for 14,924 homes, of which 11,354 are based on social rent levels. The breakdown of allocations by council is below.

	Homes	GLA Grant Allocation
London Borough Barking and Dagenham	565	£25,338,000
London Borough of Barnet	87	£8,700,000
London Borough of Brent	817	£65,610,000
London Borough of Camden	308	£30,800,000
City of London	156	£14,880,000
London Borough of Croydon	888	£61,288,000
London Borough of Ealing	1,138	£99,352,000
London Borough of Enfield	571	£18,108,000
Royal Borough of Greenwich	588	£32,600,000
London Borough of Hackney	949	£45,556,000
London Borough of Hammersmith and Fulham	251	£15,308,000
London Borough of Haringey	848	£62,858,000
London Borough of Harrow	618	£32,144,000
London Borough of Havering	282	£24,046,000
London Borough of Hillingdon	347	£11,678,000
London Borough of Hounslow	741	£63,252,000
London Borough of Islington	465	£24,200,000
Royal Borough of Kensington and Chelsea	336	£33,600,000
Royal Borough of Kingston upon Thames	713	£67,844,000
London Borough of Lewisham	384	£37,700,000
London Borough of Newham	1,123	£107,476,000
London Borough of Redbridge	600	£20,000,000
London Borough of Southwark	926	£89,494,138
London Borough of Sutton	81	£6,500,000
London Borough of Tower Hamlets	675	£13,000,000
London Borough of Waltham Forest	293	£25,518,000
London Borough of Wandsworth	174	£12,452,000
Total	14,924	£1,049,302,138

London Affordable Rent benchmarks

The Mayor expects to allocate the majority of affordable housing grant in Building Council Homes for Londoners towards homes based on social rent levels (with rents at or below the London Affordable Rent benchmarks).

Find out more about the current London Affordable Rent benchmarks

Contracts

Affordable housing grant will be awarded using a standard form of GLA contract which is not subject to negotiation. Below is a link to the standard forms of grant agreements by funding route.

Grant Agreement - Local Authority (programme basis)

Grant Agreement - Local Authority - (project by project basis)

Right to Buy Ringfence Agreement - Local Authority

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Building Council Homes for Londoners