Homes on TfL Land (4)

Meeting: 
MQT on 2018-02-22
Session date: 
February 22, 2018
Reference: 
2018/0470
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

In May 2016 you said, "We estimate that TfL land could support between 20,000 and 40,000 new homes, depending on the available financial subsidy and allowable densities". Since you made that statement has the financial subsidy and allowable densities changed? What effect has this had on your estimation of 20,000 to 40,000 homes on TfL land?

Answer

Answer for Homes on TfL Land (4)

Answer for Homes on TfL Land (4)

Answered By: 
The Mayor

I was disappointed that the Government's Budget in November 2017 included no additional financial support for affordable housing in London. In November, I also published my draft London Plan which promotes the development of new and affordable housing at higher densities. TfL will continue to assess its estate within the current policy context to identify additional opportunities to develop as many new homes for Londoners as possible.