Mayor of London Boris Johnson today began negotiating with London boroughs to remove the target of the 50% London’s affordable housing target.
Johnson has pledged to deliver 50,000 affordable homes across the capital over the next three years.
The GLA has today written to every London borough proposing an 'indicative target' for affordable housing delivery taking into account local housing capacity, recent affordable housing delivery and any existing targets the boroughs have committed to.
Each borough will have the opportunity to present their own evidence in discussions with the GLA before final targets are agreed early in 2009.
Mayor Boris Johnson said: ‘Too many Londoners continue to struggle to get a foot on the housing ladder, and many more are homeless or living in desperately overcrowded or poor quality housing with their families. The current policy of imposing an inflexible London wide target clearly does not work and in these exceptionally tough times it is imperative that we make the right investments now to provide the homes that Londoners need.
‘Make no mistake - I want all the boroughs to make their fair contribution towards achieving our goal. But I believe that this can only happen by working with them so that we take account of individual circumstances and agree together what can sensibly be delivered.’