Affordable housing reform

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3713
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

You have said the higher rents charged through Affordable Rent would allow for continued investment to be available at a time of limited government grant for building more affordable housing. In the three full years since Affordable Rent was introduced in 2011 (2011-14), 23,027 affordable homes have been started in London. This compares to 43,362 affordable homes in the three years previous (2008-11). Why is Affordable Rent failing to deliver the level of affordable housing supply that was delivered during the previous programme?

Answer

Answer for Affordable housing reform