London Mayor hands out £1.7bn for affordable housing – list

Aaron Morby 7 days ago
Share

London Mayor Sadiq Khan has agreed £1.7bn worth of funding deals with councils and housing associations to start building an extra 50,000 affordable homes to rent and buy over the next four years.

L&Q housing

The funding deals are the first tranche of a record-breaking £3.15bn affordable homes fund secured from the government in November last year.

It represents almost treble the 18,000 homes secured by the final call for bids issued by the previous Mayor in 2014.

Organisation Name Homes GLA Funding Allocation
London & Quadrant Housing 11,610 £394,740,000
Peabody Trust 6,000 £220,973,768
Notting Hill Housing Trust 5,321 £176,386,962
Clarion Housing Group 5,000 £168,300,000
Hyde Housing Association 3,000 £102,000,000
Optivo 2,600 £88,400,000
A2Dominion Homes 1,870 £80,776,000
Genesis Housing Association 2,049 £70,712,000
London Borough of Lambeth 912 £54,720,000
Network Housing Group 1,752 £45,756,000
Catalyst Housing 1,216 £41,024,000
Octavia Housing 833 £31,435,500
London Borough of Havering Council 610 £30,296,000
Southern Housing Group 601 £20,338,000
Metropolitan Housing Trust 704 £18,376,000
Richmond Housing Partnership 475 £17,748,000
Orbit Group 347 £14,676,000
City of London 244 £14,640,000
London Borough of Harrow 317 £12,620,000
Southwark Council 201 £12,060,000
One Housing Group 686 £10,184,000
London Borough of Hounslow 174 £9,004,000
Thames Valley Housing Association 418 £8,808,000
Hexagon Housing Association 223 £8,548,000
Wandle Housing Association 307 £7,472,000
Islington and Shoreditch Housing Association 124 £6,374,200
Poplar HARCA 144 £6,016,000
YMCA Thames Gateway 100 £6,000,000
Newlon Housing Trust 200 £5,600,000
Brick by Brick (Croydon Council) 199 £5,572,000
London Borough of Enfield 148 £5,345,000
Almshouse Consortium 86 £5,160,000
Swan Housing Association 127 £5,092,000
Paradigm Housing Group 134 £4,008,000
London Borough of Wandsworth 71 £3,972,000
Evolve Housing + Support 49 £2,940,000
Look Ahead Care and Support 38 £2,400,000
Estuary Housing Association 76 £2,072,000
Paragon Community Housing Group 288 £1,265,600
Home Group 45 £1,164,426
Sanctuary Affordable Housing 11 £308,000
Lambeth & Southwark Housing Association 4 £240,000
Moat Homes 50
Grainger Trust 34 £0

 

The allocations also include eight new strategic partnerships with housing associations.

The partnerships – with L&Q, Hyde, Genesis, Clarion, Network, Notting Hill, Optivo, and Peabody – have been struck between the Mayor and housing associations that are prepared to build new homes at scale and deliver at least 60% affordable housing across their projects.

These partnerships will deliver 38,500 genuinely affordable homes.

Paul Hackett, Chair of the G15 – representing London’s largest housing associations – said: “The commitment from London’s housing associations is an unprecedented level of ambition to build the homes the capital needs.

“The partnership with the Mayor is the biggest London’s housing associations have ever committed to, reflecting the urgency of the housing crisis and our strong relationship with City Hall.”

 

Latest news

Specialists land first trade packages at huge Berkeley site

Main construction starts on 88-acre Southall Waterside site
9 hours ago

Electrification plans scrapped on three major rail routes

Contracts worth millions axed as Government switches focus to new train technology
10 hours ago

Project delays dent Clugston results

Contractor confident about future prospects following a "challenging" year
14 hours ago

UK drags Skanska Europe into £40m loss

Skanska chief aims to cut operational costs and tighten risk management
18 hours ago

McLaren set to bag £45m Lakeside extension

Contractor beats off McAlpine, ISG and Sisk to take Essex retail deal
19 hours ago

Demand grows for immediate revamp of building regs

Local council chief attacks BRE, contractors and manufacturers for not sharing previous fire test results
18 hours ago

Canary Wharf Contractors pays £11,000 tax on £70m profit

Company offsets £13.9m Corporation Tax bill against losses at other group divisions
1 day ago

Mount Anvil plans 1,000 flats in London Royal Docks

Deal with London ExCel centre paves way to build block of apartments
19 hours ago

Consultant RLB stages mass raid on Mace managers

Five senior figures jump ship to join rival
2 days ago

Ministers reject client levy option in Farmer Review

Government backs most calls for reform but stops short of 0.5% charge on clients
1 day ago

Construction and fit out boost profits at Morgan Sindall

Contractor bucks recent sector trend by telling City to expect higher than predicted profits
2 days ago

Lendlease ordered to pay £14.8m for city tower falling glass

Cladding contractor to pick up bill after 15-foot glass pane fell from 17th floor
2 days ago

Civil engineers act to avert Grenfell-style disasters

ICE launches review of lessons from tower tragedy to avoid infrastructure failures
2 days ago

Man killed in derelict church collapse

Tragedy at Cardiff site where old church was being demolished
2 days ago

CH2M and BDP to lead revamp of Parliament

Firms to assess scale of work needed ahead of potential £4bn restoration
2 days ago

Wates southern boss joins Midas

Peter Whitmore charged with growing turnover in the south to £100m
2 days ago

Willmott Dixon wins £24m laser testing centre

Another major win for contractor at Harwell Science Campus
2 days ago

HS2 confirms shortlists for new stations

Design teams battle to win trio of stations as development partners fight for major Euston site
3 days ago

Willmott Dixon starts redundancy talks as divisions merge

Contractor confident most housing staff will be redeployed during merger into main construction arm
3 days ago

Tower crane drivers hold ballot over summer strikes

Unite warns of widespread project delays as dispute with HTC Wolffkran intensifies
3 days ago

Government confident Carillion JV will deliver HS2 deals

Rail chiefs seek guarantees from joint venture partners
3 days ago

Site start next month for £70m Broadgate revamp

Facelift for 1 Finsbury Square as tech firm Mimecast set to move in to financial hub
3 days ago

Torsion keeps growing on back of contract winning streak

Turnover set to hit £38m as staff numbers rise to 71
3 days ago

Winners revealed for £6.6bn HS2 Phase One

Contracts bonanza as big names bag string of huge civils deals
4 days ago

Carillion calls in accountant EY to cut costs

Carillion adds to raft of financial advisers as crisis contractor overhauled
4 days ago

T Clarke recovers £1.4m of fraud cash

Building services giant reaches out-of-court settlement with cheating former employee
4 days ago

Contract race starts for new £58m link road

Bidders wanted for major civils job in Cheshire
4 days ago

Bouygues and McGee dig one of London’s largest ever holes

Excavation for new cancer centre is big enough to contain the Royal Albert Hall
7 days ago

Wates chosen by Orbit for £73m estate revamp

Residential arm to work on latest estate rebuild in south east London
4 days ago

Skanska UK takes £33m hit on projects

Project delays and slow production rates hit UK contractor operations
7 days ago

Contractor services