Further to Question 2014/1995
The Government has said it will establish a £150m fund to kick-start the regeneration of large housing estates through repayable loans, helping to boost housing supply, and that bids will shortly be invited from private sector developers, working with local authorities on estates that might be able to benefit. Following the Autumn Statement, expressions of interest have been made through the Greater London Authority, including for the Grahame Park and Brent Cross regeneration projects. The Government has said it will work with the Mayor of London, the Greater London Authority and the London Borough of Barnet to look at proposals for these regeneration schemes, subject to value for money and affordability.
What progress is being made with these bids; when will the outcome of the bids be known; and how many affordable homes, including social homes for rent, will result from this initiative?
Your written response being
Officers are drafting a response which will be sent shortly.
Will you now give a substantive reply?