In the Priorities for Londoners survey, you told us that housing is your top priority for improving London, with the availability and affordability of homes for sale major areas of dissatisfaction. Supporting vulnerable Londoners, such as the homeless, was the highest ranked issue.
Over the last three years:
- City Hall has started 14,544 affordable homes, including nearly 4,000 at social rent levels – exceeding the target of 14,000 agreed with Government ministers
This Budget proposes:
- To continue funding the start of 116,000 new affordable homes by 2022. City Hall is doing all it can to boost social housing numbers in London – however, central government requires that around half of these are for Londoners on middle incomes. We know the need for affordable homes for social rent is far greater. Approximately £2.7 billion per annum in affordable housing grant from central government is required – more than four times the current average
- Ongoing support to tackle homelessness and rough sleeping, by continuing to ensure 85 per cent of those supported by our services exit rough sleeping, and by launching a new service for rough sleepers not new to the street
Tell us what you think of the spending plans for housing in the discussion below.