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News » UK » London affordable housing deal – full list » published 14 Jul 2017

London affordable housing deal – full list

Nearly 50,000 new ‘affordable’ homes are expected to be built in London over the next five years.

City Hall Above: City Hall

Mayor of London Sadiq Khan has agreed with local borough councils and housing associations who is going to get what money. The full list is below.

An estimated £1.7bn will be spent on building work, with new homes in all 32 boroughs and the City of London. They will be delivered by 44 housing providers, including nine London councils as well as housing associations.

Of the 49,398 total, 17,500 will be for rents around social levels, and just under 32,000 will be for a combination of the new ‘London living rent’ and shared ownership. London living rent is a new type of tenancy introduced last year to help middle-income earners in the capital saving for a deposit to move into shared ownership by offering them rents based on one-third of average local gross household incomes.

The allocations also include eight new strategic partnerships with housing associations. The partnerships – with L&Q, Hyde, Genesis, Clarion, Network, Notting Hill, Optivo and Peabody – have been struck between the mayor and housing associations that are prepared to build new homes at scale and will deliver at least 60% affordable housing across their portfolio of sites. These partnerships will deliver 38,500 affordable homes.

Jasmine Whitbread, chief executive of London First, said: “With the average monthly rent now at £1700, businesses are increasingly worried about their employees being priced out of the capital. As the Mayor gets to grip with the reality of housebuilding, it’s great to see him making good on the promise of tens of thousands of affordable new homes. But London’s housing shortfall hasn’t been addressed for years - to catch up to the volumes we need the Mayor has to keep up a drumbeat of housebuilding across the capital, otherwise we risk losing the people we need to stay competitive.”

 

2016-21 Affordable Housing Allocations – By Housing Provider

Organisation Name

Homes

GLA Funding Allocation

A2Dominion Homes

1,870

£80,776,000

Almshouse Consortium Ltd

86

£5,160,000

Brick by Brick (Croydon Council)

199

£5,572,000

Catalyst Housing Limited

1,216

£41,024,000

City of London

244

£14,640,000

Clarion Housing Group

5,000

£168,300,000

Estuary Housing Association Limited

76

£2,072,000

Evolve Housing + Support

49

£2,940,000

Genesis Housing Association Limited

2,049

£70,712,000

Grainger Trust Ltd

34

£0

Hexagon Housing Association Limited

223

£8,548,000

Home Group Limited

45

£1,164,426

Hyde Housing Association Limited

3,000

£102,000,000

Islington and Shoreditch Housing Association Ltd

124

£6,374,200

Lambeth & Southwark Housing Association Limited

4

£240,000

London & Quadrant Housing

11,610

£394,740,000

London Borough of Enfield

148

£5,345,000

London Borough of Harrow

317

£12,620,000

London Borough of Havering Council

610

£30,296,000

London Borough of Hounslow

174

£9,004,000

London Borough of Lambeth

912

£54,720,000

London Borough of Wandsworth

71

£3,972,000

Look Ahead Care and Support Ltd

38

£2,400,000

Metropolitan Housing Trust Limited

704

£18,376,000

Moat Homes Limited

50

£0

Network Housing Group Limited

1,752

£45,756,000

Newlon Housing Trust

200

£5,600,000

Notting Hill Housing Trust

5,321

£176,386,962

Octavia Housing

833

£31,435,500

One Housing Group Limited

686

£10,184,000

Optivo

2,600

£88,400,000

Orbit Group Limited

347

£14,676,000

Paradigm Housing Group Limited

134

£4,008,000

Paragon Community Housing Group Limited

288

£1,265,600

Peabody Trust

6,000

£220,973,768

Poplar HARCA Limited

144

£6,016,000

Richmond Housing Partnership Limited

475

£17,748,000

Sanctuary Affordable Housing Limited

11

£308,000

Southern Housing Group Limited

601

£20,338,000

Southwark Council

201

£12,060,000

Swan Housing Association Limited

127

£5,092,000

Thames Valley Housing Association Limited

418

£8,808,000

Wandle Housing Association Limited

307

£7,472,000

YMCA Thames Gateway

100

£6,000,000

TOTAL     49,398     £1,723,523,456

 

 

2016-21 Affordable Housing Allocations – By Borough

London Borough

Homes

GLA Funding Allocation

To be confirmed

  27,085

£981,326,162

Barking and Dagenham

53

£2,444,000

Barnet

1,585

£45,584,000

Bexley

377

£15,708,000

Brent

813

£23,768,000

Bromley

317

£6,804,000

Camden

335

£7,360,000

City of London

13

£780,000

Croydon

1,060

£36,180,000

Ealing

1,823

£75,900,000

Enfield

662

£16,249,000

Greenwich

926

£15,652,800

Hackney

72

£2,464,000

Hammersmith and Fulham

358

£16,848,000

Haringey

528

£12,901,000

Harrow

882

£39,520,000

Havering

752

£36,296,000

Hillingdon

474

£14,911,926

Hounslow

931

£36,160,000

Islington

648

£17,824,000

Kensington and Chelsea

140

£3,568,000

Kingston upon Thames

97

£0

Lambeth

1,448

£74,640,000

Lewisham

648

£23,032,577

Merton

525

£24,396,000

Newham

1,911

£40,272,000

Redbridge

305

£8,194,000

Richmond upon Thames

364

£16,028,000

Southwark

1,314

£48,279,885

Sutton

162

£1,944,000

Tower Hamlets

1,205

£40,548,073

Waltham Forest

526

£16,028,147

Wandsworth

954

£21,911,886

Westminster

105

£0

TOTAL     49,398      £1,723,523,456

 

 

 

 

MPU

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This article was published on 14 Jul 2017 (last updated on 17 Jul 2017).

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