Building more affordable homes

Meeting: 
MQT on 2016-05-25
Session date: 
May 25, 2016
Reference: 
2016/1366
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

Do you accept that in order to build "thousands more homes for Londoners each year" and achieve a "step change in new housing supply", additional capital investment will be required by the GLA? If so, will you lobby government to lift the GLA's artificial borrowing limits with reference to financing more affordable housing?

Answer

Answer for Building more affordable homes

Answer for Building more affordable homes

Answered By: 
The Mayor

The previous Mayor left the cupboard bare on housing but I am determined to turn things around.

Additional capital investment will be required to deliver more affordable homes for Londoners. I am currently in negotiations with Government on funding for the affordable housing programme and will report on the outcomes of these negotiations on this in due course.