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Question by:
Mike Tuffrey
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Meeting date:
15 July 2004
Certainly, councils like Lambeth and this one in Southwark want to achieve those targets. What will the effect of that be on the totals? Currently, completions in affordable units are running at about 6-7% per year in London and the London Plan says up to 15,000 per year, even though estimates of need are well in excess of 20,000. How will the increased subsidy help and what is your assessment of whether we are going to reach 15,000, which in itself is not enough?