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By Joey Gardiner2021-09-01T07:36:00
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Details of City Hall’s £3.4bn allocation also reveal threefold increase in grant rate
The extent to which some of the largest London-based social landlords have reduced their development ambitions has been exposed as the Greater London Authority made public its strategic partnership deals for the 2021-26 affordable housing programme.
The £3.46bn list of deals shows big reductions in the proposed output of affordable housing by landlords including L&Q, Peabody and Notting Hill. L&Q’s allocation is a tiny fraction of that secured in the previous 2016-23 programme.
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