Key information
Decision type: Mayor
Reference code: MD1393
Date signed:
Decision by: Boris Johnson, Former Mayor of London (May 2008 - May 2016)
Executive summary
The Mayor is invited to agree that the GLA will receive and manage £200m of funding from the Department for Communities and Local Government (”DCLG”) to finance, through the London Housing Bank programme, the delivery of approximately 3,000 “Affordable Rent to Buy” homes; and asks the Mayor to commit to repaying DCLG on terms and conditions to be agreed. The Mayor is also invited to approve the re-profiling of budgets related to receipt of £180m of Affordable Homes Guarantee funding into the Mayor’s Housing Covenant programme.
Signed decision document
MD1393 London Housing Bank (signed) PDF.pdf
Supporting documents
MD1393 London Housing Bank part 2