Thursday 30 April 2015

Affordable Housing Delivery in London 'At Lowest Point Since 2004'

Affordable housing delivery in London is at its lowest point for over 10 years, a new report reveals. Research carried out by the London Tenants Federation shows the number of homes for social rent and 'affordable rent' delivered in 2013/14 dropped to 4,221 - the lowest total since housing targets were first set in the 2004 London Plan. According to the research, only 50% of Boris Johnson’s annual target for 13,200 additional affordable homes was met while just 28% of the total new and additional homes delivered in 2013/14 were affordable with the rest being private homes for sale or buy to let. Read more on 24dash.

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