Affordable housing in London at its lowest in four years

Affordable home building in the capital has slumped to its lowest level since 2017. Work began on only 272 new affordable homes funded by City Hall in the first three months of the new financial year, according to latest figures - the lowest for the quarter in four years. Critics say Mr Khan has been slow to spend the £4.82bn he received from the Government’s Affordable Homes Programme in 2016. That was supposed to deliver 116,000 new affordable homes by 2022, though the deadline was extended to 2023 due to complications including the pandemic.

Evening Standard (18/10/2021)