We support affordable housing development through our Housing Capital Programme. The Programme includes a pot of money set aside for improving affordable housing provision in the borough. This money is provided by a number of sources including Section 106 financial contributions, New Homes Bonus and prudential borrowing. The Programme also receives grant funding from the Greater London Authority (GLA). Most new affordable homes are provided by the Mayor of London's Affordable Housing Programme.
Our Housing Capital Programme also works to reduce overcrowding problems, by helping Registered Providers (RPs) to extend existing social housing. We work closely with RPs and share information at our Housing Association Forum, which meets regularly.
These figures are different to those prepared for statutory planning monitoring. You can read a full explanation of the difference in our Authority’s Monitoring Report (Section CP15 - Affordable housing)(pdf, 1366KB).
Our work is informed by a number of key strategies, which help us identify local housing need and provide affordable housing solutions. We aim to ensure that those living or working in the borough get initial priority when new shared ownership homes are sold.
To find out more about affordable housing development, or to discuss upcoming affordable housing schemes contact Paul Bradbury:
Telephone: 020 8891 7446
Updated: 15 December 2017