Redbridge gets huge £20m funding boost to build at least 200 council homes
Published: 6 November 2018
The Redbridge administration's election promise to deliver 1,000 new affordable homes is getting a boost and the backing of the Mayor of London, Sadiq Khan.
Leader of the council, Cllr Jas Athwal who last week said ‘watch this space’ was delighted to receive confirmation this week of a £20M allocation of funding from City Hall to accelerate the building of council homes in Redbridge.
Cllr Jas Athwal said: “I am immensely pleased for the residents in my borough who are desperate to have a secure roof over their heads. We have been working closely with the Mayor's team on his council homebuilding programme - we put in a bid for £10M and I am delighted to announce that we will now receive £20M.”
Redbridge has historically had a relatively small council house stock and the new funding will be ploughed immediately into delivering at least 200 new homes. The London Mayor already announced that Redbridge would be able to retain more of its right to buy receipts and this announcement will mean a further boost for much needed housing.
Cllr Athwal added: “My administration has committed to delivering 1000 affordable homes over the next 4 years and this funding from the Mayor of London is a brilliant outcome for Redbridge and testimony to the hard work of my team and our officers.”
Mayor of London Sadiq Khan said: “London's housing crisis has been decades in the making - but we are showing what a difference councils can make by working closely with ambitious leaders like Jas. The funding announced today will help Redbridge build a new generation of council homes, and if Government gave us the money and powers we need, we could go much further still.”