Over £50 billion needed to finance social housing in London
Last year, the G15 Group of affordable housing associations said that housing associations would need £54 billion of investment to build the number of social homes outlined in the London Plan over the next five years.1
Tomorrow, the London Assembly Housing Committee will meet to ask how to increase the amount of finance available to build social and affordable housing, the risks of different financing models, and whether private investment can help meet new housebuilding targets.
Committee Members will also examine Opportunity London – a partnership between the Mayor of London, the City of London, and London Councils to attract investment – and ask what more the Mayor can do to help finance more homes in the capital.
The guests are:
Panel 1: 2pm – 3.15pm
- Will Jeffwitz, Head of Policy, National Housing Federation
- Josh Ryan-Collins, Professor in Economics and Finance, University College London (UCL) Institute for Innovation and Public Purpose
- Steve Partridge FCPFA, Director, Head of Housing Consultancy, Savills
Panel 2: 3.30pm – 4.45pm
- Bek Seeley, Founder, Place Partners
- Angela Wood, Deputy Executive Director of Development, Peabody Housing Association
- Piali Das Gupta, Strategy Director, London’s Future & Places, London Councils
The meeting will take place on Wednesday 26 March from 2pm, in Committee Rooms 2 and 3 at City Hall, Kamal Chunchie Way, E16 1ZE.
Media and members of the public are invited to attend.
The meeting can also be viewed LIVE or later via webcast or YouTube.
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Notes to editors
- G15: LQ0901_Increasing-London’s-Affordable-Homes.pdf
- Read the agenda in full.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
- Sem Moema AM, Chair of the Housing Committee, is available for interview.
- Find out more about the work of the Housing Committee.
For more information, please contact Josh Hunt in the Assembly Media Office on 07763 252310 or [email protected]. For out of hours media enquiries please call 020 7983 4000 and ask for the Assembly duty press officer.