Wednesday, 30 November 2016

Mayor Sets 35% Affordable Homes Target

Sadiq Khan will allow private housebuilders to limit the amount of affordable housing included in new developments to 35% in a deal that opponents said casts doubt on his election promise to “set a target for 50% of all new homes in London to be genuinely affordable”. The threshold is intended to increase housebuilders’ contribution to cheaper housing, but the Conservative opposition accused Khan of “ratting on what he said during the election”, something strongly denied by City Hall. Andrew Boff, the Tory housing spokesman on the London assembly, said: “There was a clear statement that 50% was what he wanted. Now this has become a long-term aspiration. The mayor has resiled on his housing target.” Read more on the Guardian website.

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