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The Greater London Authority (GLA) has revealed that it will provide funds to 53 housing providers as part of its latest Affordable Homes Programme (AHP).
The authority has allocated £3.46bn in affordable housing grant to housing associations, local authorities and for-profit providers (see table below) to cover the next five years, as part of London’s Affordable Homes Programme.
These providers will be expected to build 29,456 homes, with 57% of the funded homes set to be for social rent.
The money represents the first funding round of the new AHP, with London given £4bn by the government to spend between 2021 and 2026.
Homes England, which is administering the £5.52bn pot for the rest of England outside London, also announced its first allocations today with 90 strategic partnerships agreed.
Half of the 16,739 social rent homes set to be built in London through today’s allocations will be delivered by local authorities.
In total, councils have received funding today to build 12,024 homes.
Those not for social rent will be for shared ownership or London Living Rent, which is linked to local incomes.
London Affordable Rent, Sadiq Khan’s social rent-approximate product favoured during the previous AHP, has taken a back seat.
The money comes with stringent safety and design requirements, such as a need for every block of flats funded to have sprinklers and no combustible external wall materials regardless of height.
Homes built must also meet minimum floor-to-ceiling heights and have private outdoor space, while a “sunlight clause” demands that larger homes are dual aspect and smaller, single aspect homes are not north-facing with at least one room getting some direct sunlight.
Diversity and inclusion standards have also been set for providers, including training for all staff and the publication of gender and ethnicity pay gaps.
In line with the new London Plan, developments of 10 or more homes must be net zero carbon.
The previous London AHP programme, initially intended to run between 2016 and 2021, will continue until 2023. The deadline was extended as a result of the COVID-19 pandemic.
City Hall said the new £4bn will see 79,000 homes started over the next five years.
To date, 72,550 affordable homes have been started through the 2016 to 2023 programme.
London mayor Mr Khan said: “I am delighted that we have been able to come to a deal with the government to get started on nearly 30,000 genuinely affordable homes.
“Over the last five years I have overseen a council homes renaissance in London thanks to our relentless focus on giving boroughs the funding and expertise they need to build.
“I’m pleased to see this is now paying off with more than half the homes being funded at social rent levels in this deal being built by councils.”
He added that he wants new affordable housing in London “that sets the standard nationally when it comes to excellent design, safety and sustainability”.
Darren Rodwell, executive member for housing at London Councils and leader of Barking and Dagenham Council, said: “We urgently need more affordable homes in London – especially social housing.
“So it’s great news that this much-needed boost to housing delivery in the capital has been agreed.
“London boroughs are determined to play our part in making this happen. We want to see quality – as well as quantity – in the new homes built in our communities.”
Geeta Nanda, chair of the G15 and chief executive of Metropolitan Thames Valley Housing, said: “We’re pleased to be working with the mayor through the new Affordable Homes Programme, which will see housing associations continue to be the largest providers of new affordable homes in the capital, with G15 members alone delivering 12,000 new homes through the funding announced today.
“The safety of all our residents in new and existing homes is our top priority, and that is why G15 members are planning to invest £2.9bn in building safety works over the next 10 years from within our own resources. We welcome the mayor’s support for ensuring new homes have safety hard-wired into their construction.”
Organisation | Total homes | Social rent homes | Affordable homeownership homes | Total funding requested |
London Borough of Havering | 395 | 161 | 234 | £35,159,500 |
Estuary Housing Association | 30 | 16 | 14 | £1,272,000 |
RHP | 131 | 80 | 51 | £13,877,500 |
City of Westminster Council | 230 | 106 | 124 | £24,079,955 |
PA Housing | 1,455 | 930 | 525 | £181,725,000 |
London Borough of Hammersmith and Fulham | 394 | 186 | 208 | £32,304,000 |
Poplar HARCA | 227 | 145 | 82 | £21,231,400 |
A2Dominion | 500 | 300 | 200 | £56,000,000 |
London Borough of Barnet | 217 | 105 | 112 | £23,485,000 |
Places for People | 44 | 44 | - | £3,960,000 |
London Borough of Ealing | 1,032 | 561 | 471 | £109,563,549 |
London Borough of Harrow | 411 | 219 | 192 | £44,370,000 |
The Guinness Partnership | 300 | 150 | 150 | £32,700,000 |
TBG Open Door Homes | 48 | 10 | 38 | £3,794,995 |
Newlon Housing Trust | 120 | 80 | 40 | £15,800,000 |
London Borough of Bromley | 535 | 535 | - | £37,959,000 |
Optivo | 1,500 | 825 | 675 | £180,750,000 |
London Borough of Wandsworth | 289 | 138 | 151 | £23,355,000 |
Hyde Housing Association | 1,476 | 590 | 886 | £163,790,000 |
London Borough of Lewisham | 456 | 285 | 171 | £69,954,000 |
Croydon Churches Housing Association | 120 | 50 | 70 | £12,496,960 |
Royal Borough of Kingston upon Thames | 105 | 105 | - | £13,125,000 |
City of London | 200 | 150 | 50 | £16,500,000 |
Southern Housing Group | 300 | 100 | 200 | £33,500,000 |
London Legacy Development Corporation | 825 | 149 | 676 | £67,670,000 |
London Borough of Brent | 701 | 701 | - | £111,746,000 |
London Borough of Camden | 569 | 569 | - | £86,640,000 |
One Housing Group Limited | 386 | 252 | 134 | £41,674,016 |
Hexagon Housing Association | 180 | 90 | 90 | £24,885,000 |
Riverside Housing Association | 151 | 90 | 61 | £18,780,000 |
Phoenix Community Housing Association (Bellingham and Downham) | 73 | 48 | 25 | £9,983,000 |
London Borough of Lambeth | 311 | 212 | 99 | £28,157,557 |
London Borough of Hounslow | 540 | 540 | - | £93,225,000 |
Royal Borough of Greenwich | 230 | 230 | - | £38,094,993 |
L&Q | 539 | 154 | 385 | £55,126,500 |
Cromwood Housing | 75 | 75 | - | £11,250,000 |
London Borough of Newham | 550 | 500 | 50 | £91,683,000 |
London Borough of Sutton | 65 | 54 | 11 | £10,060,000 |
London Borough of Waltham Forest | 77 | 77 | - | £15,400,000 |
London Borough of Hackney | 100 | 100 | - | £17,500,000 |
London Borough of Haringey | 647 | 647 | - | £127,487,000 |
London Borough of Barking and Dagenham | 1,757 | 573 | 1,184 | £171,033,390 |
London Borough of Enfield | 1,119 | 824 | 295 | £166,590,000 |
London Borough of Tower Hamlets | 194 | 194 | - | £32,017,420 |
Metropolitan Housing Trust | 1,035 | 538 | 497 | £128,796,179 |
Catalyst Housing | 1,000 | 535 | 465 | £118,850,000 |
Network Homes | 1,000 | 500 | 500 | £122,515,888 |
Notting Hill Genesis | 1,265 | 577 | 688 | £126,770,000 |
Octavia Housing | 450 | 225 | 225 | £55,125,000 |
ReSI Homes | 1,250 | - | 1,250 | £56,250,000 |
Clarion Housing Group | 2,000 | 1,250 | 750 | £240,000,000 |
London Borough of Southwark | 852 | 664 | 188 | £126,480,000 |
Peabody | 1,000 | 500 | 500 | £120,000,000 |
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