Wednesday, 29 February 2012

Borough in Promise to Keep Homes

A London borough has pledged not to sell off any of its council homes as part of a new community investment programme. Camden Council will also offer ‘reassurances’ on security of tenure and rents for its tenants. Despite suffering some of the largest cuts in London to capital funding from central Government Camden has created its own ‘plan B’ to find vital funds to invest in schools, community facilities and council homes. This is called the community investment programme (CIP). Through the CIP Camden aims to deliver:
*One of the capital’s largest social housing programmes in a generation with over 850 new council and shared ownership family homes built in Camden.
*Over 1,200 new private homes built.
*£119m invested in repairs to over 10, 000 existing council flats.
*Plans to spend £117m on improving 57 of the borough’s schools and children’s centres, and
*Other community facilities receiving investment including plans to rebuild or refurbish community centres and securing the long term future of parks and historic buildings.
Read more on the Camden Council website.

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