Community Land Trusts (2)

Meeting: 
MQT on 2009-11-18
Session date: 
November 18, 2009
Reference: 
2009/3178
Question By: 
Jenny Jones
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

By when would an agreement need to be secured to ensure that some affordable housing in the Olympic Park is delivered via a Community Land Trust?

Answer

Answer for Community Land Trusts (2)

Answer for Community Land Trusts (2)

Answered By: 
The Mayor

The Olympic Park Legacy Company is responsible for the long term planning, development, management and maintenance of the Olympic Park after the London 2012 Games. The ODA is delivering 2,800 homes in the Olympic Village, half of which will be affordable. There is a strong commitment from the Company to deliver high quality, long term affordable housing within the Olympic Park as part of the mix of housing. This will be an important factor in creating a sustainable and vibrant neighbourhood where people will choose to live. As part of the Company's planning and preparation phase, discussions with the London Citizens, the Development Trust Association, key partners and my own office are already underway to explore how Community Land Trusts and other similar models may be involved in delivering affordable housing. At this early stage no deadline has been set for securing an agreement to determine the best arrangements, but it would certainly need to follow on from the determination of the legacy planning applications which are due to be submitted next year.