Housing

Sadiq Khan announces new 100% affordable housing development in London

Ahead of the launch of his London Housing Strategy, Mayor Sadiq Khan has revealed that more than 300 new homes will be built in Waltham Forest

Sadiq Khan has announced a new scheme that underlines his commitment to affordable housing.

The London Mayor has released the first plot of land bought during his term in office for 330 new homes. But not just any homes. This new development in Waltham Forest will be entirely made up of affordable homes, available as shared ownership properties for first time buyers.

City Hall bought the former industrial estate last year with the intention of finding a development partner. Housing Association Catalyst will build the new homes, plus a creative hub featuring affordable artist studios, a new park and a retail space.

Interventionist approach

“I’m doing all I can to help fix London’s housing crisis, but it will take time to turn things round,” said Khan.

“This site in Walthamstow shows the benefit of City Hall taking a greater role unlocking and bringing forward land for development – working closely with housing associations like Catalyst to deliver a scheme that is 100% affordable for Londoners struggling to buy a home.”

London’s mayor has faced criticism for failing to build any social housing during his first year in office.

But Khan hit back, expressing anger that major developments have cut commitments to affordable housing. Wandsworth Council axing 250 affordable homes from the Battersea Power Station redevelopment was the latest example.

Khan is adamant that he wants City Hall and its Homes For Londoners team to have a greater role in land decisions.

This is a taster of what’s to come

“When Sadiq was elected, he was very clear that he wanted to take a more interventionist approach to getting homes built in London,” said James Murray, Deputy Mayor For Housing.

“We know that London hasn’t been building nearly the number of new and affordable homes we need for many years.

“This is just the first example of how we are going to have a more active involvement in getting homes built in London. More details around where we are going to scale this up will be in the draft London Housing Strategy. But this is a taster of what’s to come.”

The Waltham Forest development follows new guidance  detailing how Khan will use planning powers to fast track new homes.

The Mayor has also committed £25million to help build housing for first-time buyers and pledged to end street homelessness since being elected in May 2016.

With his full strategy announced next month, is the mayor finally getting to grips with the scale of the housing crisis in London?

Support the Big Issue

For over 30 years, the Big Issue has been committed to ending poverty in the UK. In 2024, our work is needed more than ever. Find out how you can support the Big Issue today.
Vendor martin Hawes

Recommended for you

View all
Over 80,000 households put at risk of homelessness from no-fault evictions since Tory ban pledge
Renters Reform Bill campaigners call for the end of no-fault evictions
RENTING

Over 80,000 households put at risk of homelessness from no-fault evictions since Tory ban pledge

Dropping leasehold pledge could cost Labour millions of votes, campaigners warn: 'Expect consequences'
Cladding protest in Westminster
Housing

Dropping leasehold pledge could cost Labour millions of votes, campaigners warn: 'Expect consequences'

'It's unforgivable': Michael Gove served 'eviction notice' by protesters over rising homelessness
DLUHC protest by HASL gives Michael Gove eviction notice
Homelessness

'It's unforgivable': Michael Gove served 'eviction notice' by protesters over rising homelessness

Criminal Justice Bill: Plan to criminalise rough sleeping will 'punish people with nowhere to go'
Tents in Brighton for rough sleepers who face being criminalised under the Criminal Justice Bill
Rough sleeping

Criminal Justice Bill: Plan to criminalise rough sleeping will 'punish people with nowhere to go'

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payment 2024: Where to get help now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payment 2024: Where to get help now the scheme is over

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know