Eleven new Housing Zones announced
City Hall has announced 11 new Housing Zones in London funded by an additional £200m of the mayor’s housing budget.
The announcement brings the total number of Housing Zones in London to 31, which are expected to deliver 77,000 new homes, 34% of which will be affordable.
The new zones, which will deliver a total of 24,554 new homes, include sites in Catford, Barking and Kingston.
The Housing Zones programme provides developers with planning certainty, as well as offering both capital grants and recoverable loans to provide a package of infrastructure to unlock the site.
|Housing Zone||Borough||Total units|
|Kingston (Cambridge Estate Regeneration)||Kingston||1,699|
|Old Kent Road||Southwark||1,300|
|Catford Town Centre||Lewisham||2,500|
|Hayes Town Centre||Hillingdon||2,788|
|High Road West||Haringey||2,000|
Boris Johnson, mayor of London, said: “Meeting the unprecedented demand for housing after 30 years of historic failure to build new homes is a critical issue affecting the capital.”
The developers and housing associations which will work on the zones are yet to be announced. The Housing Zone land is packaged up by local authorities before the status is awarded by City Hall.