Mayor ponders if new council homes can ease London’s housing shortage
Published by Anonymous for 24dash.com in Housing and also in Development
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A new investigation was launched today to examine if the Mayor of London, Boris Johnson, can achieve his targets for social housing by counteracting the significant drop in the number of new council houses built over the last twenty years.
The Housing and Regeneration Committee investigation will examine how the Capital’s boroughs can help reduce the housing shortage by using their own powers, assets and funding to meet the housing needs of those on low incomes.
The Committee will collect evidence from councils and industry experts on social housing shortage in London.
Chair of the Housing and Regeneration Committee, Len Duvall AM, said: “For too long now the role of council housing provision has been neglected and funding for new homes held back. Our investigation will examine the Mayor’s ambitious housing targets and find out how London boroughs can help deliver housing to the 360,000 Londoners currently on waiting lists.
“It’s time to examine how boroughs can be helped to provide more housing – whether by relaxing caps on borrowing or using alternative funding or other non-traditional investment – so the urgent need for additional social housing in London can be addressed sooner rather than later.”