The Mayor of London has unveiled plans to use £1.67bn of funding to support local councils’ plans to build 10,000 new homes over the next four years.
Sadiq Khan will use a portion of the funds supplied by the government in the Spring Statement to set up the first ever City Hall programme dedicated to supporting council housing. London councils have built 2,100 homes over the last seven years, including 300 that were completed last year. Khan said the Building Council Homes for Londoners programme will “increase dramatically the rate of council homebuilding in the capital”.
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