Wednesday, 1 June 2011

Islington: We’d Rather Build on School Land than Charge 80% Rents

Islington Council will hand over school land, vacant plots and community centres to housing associations as part of its plan to snub the government’s £1.8 billion affordable rent programme. The north London borough has become the first authority in the capital to rule out allowing associations to charge up to 80 per cent of market rents. It has set out an alternative model under which it will gift land to housing associations so they do not have to rely on government grant to develop social homes. James Murray, cabinet member for housing at Islington Council, said land will be handed to associations as part of a redevelopment of a school, while three community centre sites will be redeveloped to include homes. The authority has identified enough land to build around 500 homes, with the potential for several hundred more, but is not revealing the location of the sites. Read more on Inside Housing.

No comments: