Mayor says 8,000 homes built ahead of 2030 target
Briefly

The mayor of London, Sir Sadiq Khan, announced the start of over 8,000 new homes through his Land Fund, achieving this milestone five years earlier than planned. This initiative aims to address the city's housing crisis and includes financing for land acquisition to facilitate homebuilding. Last year, London completed 11,600 homes, including 6,700 affordable ones. However, criticisms arose from the City Hall Conservatives, who claimed the announcement was misleading and highlighted failures to meet housing targets set by the government.
The mayor of London announced that more than 8,000 new homes have started through his Land Fund, achieving this target five years ahead of schedule.
In the previous year, London completed just over 11,600 homes, with nearly 6,700 designated as affordable homes for social rent and equivalent.
City Hall Conservatives criticized the announcement as a distraction from the mayor's housing failures, stating the initial target was significantly reduced to address the housing crisis.
Lord Bailey emphasized that only 2.5% of promised affordable homes were completed, urging a focus on completed homes rather than just housing starts.
Read at www.bbc.com
[
|
]