Housing targets

Meeting: 
Plenary on 2014-01-15
Session date: 
January 15, 2014
Reference: 
2014/0021
Question By: 
Darren Johnson
Organisation: 
City Hall Greens
Asked Of: 
Boris Johnson (Chairman, LLDC) & Dennis Hone (Chief Executive, LLDC)

Question

The original intention was to build 10,000 homes in and around the Queen Elizabeth Olympic Park, of which 3,500 would be affordable homes. Can you confirm the total number of homes that you currently expect to be built on the park, and the number of (a) social rent, (b) affordable rent, and (c) low cost home ownership homes you expect to be built, including those already built in the Olympic Village?

Answer

Answer for Housing targets

Answer for Housing targets

Answered By: 
Boris Johnson (Chairman, LLDC) & Dennis Hone (Chief Executive, LLDC)

 

The LCS was granted planning permission in September 2012 which could deliver up to 6,800 new homes.  The LCS planning permission has a site-wide affordable housing target of 35% subject to viability and a 20% minimum.  Due to the accelerated delivery of Sweetwater and East Wick neighbourhoods, we will be reviewing the 35% target and are currently testing the impact on viability.  The affordable housing tenure split comprises 30% social rented, 30% affordable rent and 40% intermediate housing. 

Planning permission for East Village includes 2,818 residential units and comprises 1,379 affordable homes, of which 675 are social rented and 704 are intermediate.