Brent and Harrow
5 May 2016 Vote for
Sadiq Khan Mayor of London
Navin Shah GLA Brent & Harrow
Labour Party Londonwide

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Navin's News: Housing Zones

Mayor’s secret plan for affordable home target of only 25% is an "absolute scandal"

The Mayor of London must come clean following reports from Property Week magazine that the he is planning to fix a target of 25% for affordable homes in the capital’s key Housing Zones and opportunity areas. If introduced, the target would effectively prevent local authorities from being able to negotiate the number of affordable homes on a development above the 25% threshold.

A 25% target would be far lower than the those currently demanded by many local authorities. The Mayor needs to adopt far more ambitious targets for affordable housing provision and to allow local councils a say in what the affordable target should be for major developments in their area.

For eight years Boris Johnson has failed to deliver the affordable homes we need, now he looks set to tie the hands of a future Mayor by setting a scandalously low target for affordable housing on major development sites. If true, not only would it stack the deck in developers’ favour, it would let them totally off the hook from their duty to provide the optimum number of affordable homes.

 You don’t get the affordable housing which London needs by being soft on developers and tying the hands of local authorities – we need as many affordable homes as possible. The capital’s housing crisis is growing by the day and people are crying out for homes that they can actually afford to live in. Instead of dealing with this challenge, Boris Johnson seems to be the only person in London who thinks that it’s acceptable for three-quarters of new homes to be unaffordable.


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ENDS

Notes 

-       The Property Week article, Boris Johnson mulls fixed affordable housing target, is available here