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Housing strategies for the new mayor Breakfast seminar 10 May 2016.

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Presentation on theme: "Housing strategies for the new mayor Breakfast seminar 10 May 2016."— Presentation transcript:

1 Housing strategies for the new mayor Breakfast seminar 10 May 2016

2 Sadiq on London housing ‘…if I am elected Mayor, my single biggest priority will be to build thousands more homes every year, for you, your family and your friends—and to give first dibs to Londoners on new homes.’ Homes for Londoners manifesto

3 What has he said he’ll do? Create ‘Homes for Londoners’ New City Hall team to fast-track construction of genuinely affordable ho`mes to rent and buy Put Londoners first Target 50% of new homes to be genuinely affordable; stop 'buy-to-leave' and give 'first dibs' to first-time buyers and local tenants. Limit off-plan sale of homes in new developments to overseas investors

4 Invest more in housing Spend all the Mayor’s affordable homes budget; support housing associations to build at least 80,000 new homes a year. Find land for homes GLA to develop on land owned by e.g. TfL and NHS Link residential development with transport Plan for new and affordable homes tied in with new transport infrastructure, including e.g. DLR extensions, Bakerloo Line extension and Crossrail 2

5 Attract investors Use City Hall as a platform to attract institutional investment in purpose-built rented housing; businesses that invest in housing get priority for their staff Request more powers Build an alliance of councils, housing associations, developers, home-builders, investors, businesses, residents’ organisations to set out what is needed from central government to enable us to build more homes

6 Overall goals Boost number of new homes Increase investment (public and private) Ensure new homes meet the needs of Londoners (affordability, access) Maximise benefits from infrastructure


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