The mayor of London will use finance from the £1.67bn of funding he secured from the government in the Spring Statement to help support London’s councils to increase the rate of local authority housebuilding in London.
To mark the launch of the programme, Khan welcomed the first deals struck under ‘Building Council Homes for Londoners’ with Cllr Clare Coghill, the council leader of Waltham Forest; Damien Egan, the new mayor of Lewisham; and Rokhsana Fiaz, the mayor of Newham.
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Waltham Forest plans to start 525 new council homes with £26m of funding from City Hall over the next four years, while both Newham and Lewisham have each committed to starting 1,000 new council homes by 2022.
“I grew up on a council estate and I know first-hand the vital role social housing plays in London,” said Khan.
“Council homes for social rent bind our city together, and they have been built thanks to the ambition of London’s councils over many decades.
“I want to help councils get back to building homes for Londoners again, and I’m doing that with support from the £1.67bn fund I secured from government to help get 10,000 new homes underway over the next four years.”
The mayor of London added that he was offering councils expertise and resources from City Hall to scale up their housebuilding programmes and help them to replace homes sold through Right to Buy.