£65 million affordable home building bonanza for Brent
25 October 2018
817 new homes for social rent will be built locally after the Mayor of London recently agreed a £65 million part funding package for Brent.
Brent is receiving the fifth highest amount of money out of 26 boroughs in London, as part of the Mayor’s £1 billion programme dedicated to ‘a new generation of council homes’. The council will be adding the remainder of the capital to cover the total building cost of more than £200 million.
The Mayor of London, Sadiq Khan, said: “London’s housing crisis is hugely complex and has been decades in the making. There is no simple fix – but council housing is the most important part of the solution. Londoners need more council homes that they can genuinely afford, and local authorities have a fundamental role to play in getting London building the homes we need for the future.”
Cllr Eleanor Southwood, cabinet member for housing and welfare reform, said: “This is fantastic news from the Mayor. Brent is committed to tackling homelessness and providing suitable and affordable homes to those who are most in need, so any opportunity to help us with this is greatly welcomed.
“The nationwide housing crisis has been decades in the making and it won’t be easy to solve but this is definitely a very welcome announcement from the Mayor. We now need the Government to match the ambition of local councils such as ours and help us to get housebuilding again.”
Council homebuilding fell to nearly zero in the 1990s, and many councils’ ambition has been held back by Government restrictions and rigid limits on their powers and borrowing.