Affordable housing rent levels (1)

Meeting: 
MQT on 2013-09-11
Session date: 
September 11, 2013
Reference: 
2013/3021
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What is the average rent being charged for Affordable Rent homes that are not funded by the Mayor, such as those being brought through section 106 agreements by private developers and new council homes?

Answer

Answer for Affordable housing rent levels (1)

Answer for Affordable housing rent levels (1)

Answered By: 
The Mayor

Written response from the Mayor Providers can only deliver 'Affordable Rent' properties in London where they are part of an agreed contract with the GLA. This could be as part of a funding package, through one of the Mayor's housing programmes, or entirely grant-free, through a Short Form Agreement. No homes delivered through a Short Form Agreement have yet completed in London.