Khan: Build homes quicker – and make more affordable

3rd November 2017

Khan: Build homes quicker – and make more affordable

London Mayor Sadiq Khan says London needs to build 66,000 new homes each year to meet growing demand and has called on the Government to boost funding for the creation of affordable homes. City Hall’s Strategic Housing Market Assessment says more than 60% of new homes in the capital would need to be affordable to meet demand, with Mr Khan said to be targeting a rate of 50%. City Hall says that to help ease the crisis, the Treasury must increase funding for affordable housing in London to around £2.7bn a year - more than five times the current total. Mr Khan said: “Londoners know better than anyone that there has been a systematic failure for decades to build enough new homes that are genuinely affordable”.

The Daily Telegraph (27/10/2017)   Evening Standard (27/10/2017)   The Independent  (27/10/2017)