Wednesday, 18 January 2017

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.

City Hall hopes this allows the developer to build more housing, and more affordable housing, on the site as well as speeding up development.   

 

Housing ZoneBoroughTotal units
Bromley NorthBromley1,468
Kingston (Cambridge Estate Regeneration)Kingston1,699
Canada WaterSouthwark1,000
Old Kent RoadSouthwark1,300
Catford Town CentreLewisham2,500
Barking GatewaysBarking1,902
RomfordHavering3,304
Edmonton HeartlandsEnfield3,254
Hayes Town CentreHillingdon2,788
FelthamHounslow3,339
High Road WestHaringey2,000

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.”

Inside Housing revealed in December that Mr Johnson was shifting £200m from the Affordable Homes Programme to support the additional Housing Zones.

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.

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