Havering has started work on less than 700 affordable homes in the last four years
The Affordable Housing Monitor (AHM) has revealed that only 109 affordable properties were fully constructed in the borough during that time frame.
In contrast, Tower Hamlets built 3,544 affordable homes, the most out of any borough, during the same period. Barking and Dagenham and Redbridge developed 566 and 459 affordable units respectively.
Around 1.6 million homes need to be created in London between 2016 and 2041 according to the Strategic Housing Market Assessment. That equates to 65,878 new homes every year, two-thirds of which need to be in social or affordable tenures.
The Government has given the Mayor of London £4.82 billion to provide 116,000 affordable homes by 2023 as part of efforts to reach that goal.
In the last financial year, work began on 17,256 affordable homes across the city. It is the largest number of affordable starts ever recorded by the Greater London Authority in a single year.
However, an average of 19,000 affordable starts will be needed each year over the next three years to meet the Mayor’s target by 2023.
The AHM shows Tower Hamlets has begun developing 4,429 affordable homes since May 2016, while Newham has commenced work on 3,217.
Meanwhile, Havering and Redbridge both started work on less than 700 properties during the same period. That places them in the bottom eight London boroughs for affordable starts.
“There is still a long way to go before London’s housing needs are met and these affordable homes progress figures show that Mayor Sadiq Khan still has a tough job on his hands,” said Murad Qureshi AM, Chair of the Housing Committee.
“Despite increasing numbers over his mayoral term, the Mayor must continue to increase annual output to reach his target of 116,000 affordable starts by 2023.”
“As London’s share of the next Affordable Homes Programme has decreased, there may be further challenges ahead. More progress could be made with affordable housing if the Government devolves more powers and funding to the Mayor.
“The COVID-19 pandemic has impacted housing delivery in the capital, but we don’t know the full extent yet. What is clear though is that affordable housing isn’t an area to be glossed over, as it heavily impacts so many Londoners, who need a home that is truly affordable.”
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