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London needs to start 25,000 new homes by March 2023 to reach target of 116,000

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Adik Khan criticized by seniors London Tory following the release of the latest house building figures.

on Friday, Mayor London MPs welcomed new statistics showing more public housing has been started in the capital than in any other province. England Summary of last year.

According to the latest figures, 5,494 public housing units have been built in London, compared to 4,325 for the whole of London. EnglandOf that number, 895 were started, Southwark -Best in all of London.

But London MP Andrew Boff has criticized the mayor, speaking to The Standard and arguing that Mr Khan’s failure to meet his affordable housing goals was “massive incompetence”.

Regarding Friday’s numbers, Khan said:

“In London today, we are not just building more public housing, we are also building better housing. The new generation of public housing is the best ever built. Modernity. innovative, sustainable and fit for the 21st century.

“These new homes will play a key role in building a greener, fairer and more prosperous London for all.

“But the headwinds from the recent economic turmoil, combined with the impact of the pandemic, Brexit, soaring building materials and inflation, are hitting home builders hard and making housing supply even more difficult.”

The number of public housing units being built each year has increased since 2016, but recent figures are just a fraction of Khan’s affordable housing goals.

The Mayor of London was awarded a £4.82 billion government grant in 2016 to build 116,000 new affordable homes by 2021, but this was later delayed due to the impact of the Covid-19 pandemic. Extended until 2023.

A further 35,000 homes will be delivered from the £4 billion fund between 2021 and 2026.

A total of 25,000 new homes will need to be launched by March 2023 to meet the 116,000 target, according to a new report from the London Parliament’s Housing Committee.

According to reports, as of October this year, about 78% of the housing required for the 2023 target had started, while no housing had started for the 2021-2026 target.

“Public housing is just one part of his overall affordable housing goal, which is what he talks about because the rest of the program is doing so poorly,” Boff said. added.

“Six years into the plan, he’s still 21,000 homes away from his target and has yet to allocate the over 500 million funds he was given. That’s massive incompetence.”

https://www.standard.co.uk/news/london/sadiq-khan-london-council-homes-affordable-housing-andrew-boff-b1041047.html London needs to start 25,000 new homes by March 2023 to reach target of 116,000

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