London mayor plans City Hall-owned housing developer

Sadiq Khan plans to create a City Hall-owned housing developer if re-elected for a third term. The aim is to bring forward housing schemes on land where private developers and local authorities have struggled. The late Lord Kerslake recommended the creation of such a body in a 2022 review. The first phase would involve expanding and strengthening City Hall's existing housing delivery mechanisms, with the second phase being the creation of the new developer. Khan's deputy for housing, Tom Copley, has been instrumental in bringing the plans to life. The developer would intervene at key housing sites to add value and resolve potential tensions between different stakeholders. Similar plans have been proposed by Khan's Liberal Democrat rival, Rob Blackie. 

Evening Standard (16/04/2024)