Impact of the Housing and Planning Bill (3)

Meeting: 
MQT on 2016-02-22
Session date: 
February 22, 2016
Reference: 
2016/0583
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

Further to the findings of the House of Commons Communities and Local Government Select Committee inquiry into housing associations and the Right to Buy, do you accept that the government's imposition of a 1 per cent rent cut for four years will lead to a significant reduction in housing associations' income , damaging their ability to build new homes in London?

Answer

Answer for Impact of the Housing and Planning Bill (3)

Answer for Impact of the Housing and Planning Bill (3)

Answered By: 
The Mayor

It is clear from discussions with housing associations that the vast majority are looking to substantially increase their house building programmes and number of homes whilst absorbing the 1 per cent cut by making efficiencies.