Member

Up to 30% of the £39 billion social and affordable housing programme will be delivered by the Greater London Authority to use in London. That follows on from a £4.16 billion grant in funding for the GLA to deliver the 2021-26 affordable homes programme in London. The Secretary of State and the Mayor of London announced a new package in October last year to support housebuilding in London. There is progress on this. We announced an initial allocation of £324 million of grant investment to establish a City Hall developer investment fund to unlock and accelerate housing delivery. We are doing our best to make progress on that.