Tuesday, 8 December 2020

Number Of Affordable Home Starts In London Fell By 66% During Pandemic

The number of affordable homes started under programmes managed by the Greater London Authority (GLA) fell by 66% between April and September this year compared to 2019 figures. A total of 1,634 affordable homes were started in the capital in the first six months of 2020/21 as part of GLA-managed programmes, compared with 4,874 in the first six months of 2019/20. Of the 1,634 affordable homes started in the six months leading up to September, 782 (48%) were for shared ownership or London Living Rent, 727 (44%) were for social rent or London Affordable Rent and 125 (8%) were for another affordable rent tenure. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/number-of-affordable-homes-starts-in-london-fell-by-66-during-pandemic-68587?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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