Boris promises to plug social housing funding gap
The Mayor of London has said he will be calling on the Homes and Communities Agency to channel funding back to social housing projects after the Government ‘short-changed’ the capital by redirecting funds
Boris Johnson said he aims to plug the funding gap for the capital’s affordable housing programme, which plans to upgrade over 100,000 poor quality social houses.
In a letter to housing minister John Healey, Mr Johnson said the Government had raided funds previously earmarked for the scheme, which architects had been relying on to keep them afloat during the recession.
He said he would be using his chair position with the agency to fill the hole in the budget over 2009/10-2010/11 so that the affordable homes could be revamped.
Mr Johnson added: ‘As mayor it is my job to defend the capital’s budgets and the city’s poorest. I am looking at how I can use my powers to win back London’s rightful share of new housing funds, and reverse those decisions that condemn many of London’s poorest families to live in unacceptably poor conditions.’
He said the cash would come from additional resources announced by the Government for the HCA as part of the Prime Minister’s £1.5 billion housing package.