Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
The mayor of London calls for extra grant funding from government amid warnings inflation could derail £11.5bn affordable homes programme
Sadiq Khan is ‘closely monitoring’ the delivery of the affordable homes programme in London, amid warnings that inflation could make development unviable.
The mayor, who administers more than a third of the £11.5bn programme’s funding, is aware of the ‘pressure’ on developers, a city hall spokesperson said.
A spokesperson said: “His team are closely monitoring scheme delivery and the state of the wider homebuilding industry, including factors that might impact programme delivery.”
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