2015-2018 Affordable Homes Programme

Meeting: 
MQT on 2014-07-23
Session date: 
July 23, 2014
Reference: 
2014/2640
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

Will you ensure that rented homes built under your 2015-2018 Affordable Homes Programme are charged at a London-wide average of 65 per cent of market rent, as you have sought to achieve under the current programme?

Answer

Answer for 2015-2018 Affordable Homes Programme

Answer for 2015-2018 Affordable Homes Programme

Answered By: 
The Mayor

The affordable housing rents have been split equally between discounted and capped rents, with rents up to 80% of market rent for discounted and capped rents let at much lower levels with objective of 65% of market rent across programme.