The number of affordable homes projects started under Greater London Authority (GLA) programmes was down by 23% last year as the coronavirus pandemic disrupted construction. Despite the decline, City Hall said the number of starts in 2020/21 exceeds the annual target agreed with government at the start of the pandemic. A total of 13,318 affordable homes were started in 2020/21, compared with 17,256 in 2019/20. A further 2,600 open-market sale homes were started under GLA programmes in 2020/21, bringing the total number of homes started to 15,918, a 24% drop on the previous year. Social rent made up the largest share of homes built under GLA programmes last year, accounting for 6,162 (39%) of the total. The number of affordable completions across the capital rose by 16%, to 9,051, in 2020/21. |