You are viewing 1 of your 1 free articles
Twenty-six London councils set up housing companies
A total of 26 London boroughs have set up housing development companies, according to a new report.
Of the capital’s 33 authorities, 19 have set up wholly owned development companies and a further seven have established joint venture partnerships.
New London Architecture (NLA), which published the report, said public housing delivery by London’s councils is making a comeback after a 40-year decline.
READ MORE
Figures released last week by the Greater London Authority showed boroughs started more affordable homes in 2018/19 than any other time in the past 34 years.
Peter Murray, chair at NLA, said: “Changes in government legislation have permitted boroughs to build at scale for the first time since Ms Thatcher stopped them back in the 1980s.
“Now, with the government calling for higher-quality housing, London is leading the way with well-designed housing with good space standards and robust materials.”
NLA also said councils are making better use of public land, working with housing associations and the private sector to deliver more homes on sites.
