The G15 is pledging to build homes for councils and work in not-for-profit partnerships
A group of housing associations responsible for almost 600,000 homes has pledged to work with London’s councils to build more affordable homes.
Announcing a series of promises to the capital’s 32 local authorities, the G15 group has renewed its commitment to work with councils to deliver more homes at social rent levels and weather the challenges presented by Brexit.
The group is promising to build homes for councils, enter new not-for-profit partnerships and share development expertise.
The announcement comes in the wake of a series of policy and funding changes from the government, which include reinstating government grant for social rented homes, allowing councils to borrow to invest in housebuilding, and committing a fresh £2bn in affordable homes.
Additional pledges put forward by the G15 include collaboration on land acquisition, expanding the use of faster modern methods of construction, investing in existing homes to improve the condition of housing, and making the case to the government for a higher rate of grant funding per home.
The group also highlighted the shared challenges raised by Brexit, including access to construction labour and uncertainty on the cost and continued supply of building materials, calling for collaboration across the capital to address the risks that may lie ahead and maintain housing delivery goals.
The G15 is made up of housing associations A2 Dominion, Catalyst, Clarion, Hyde, L&, Metropolitan Thames Valley, Network Homes, Notting Hill Genesis, One Housing, Optivo, Peabody and Southern Housing Group.