Affordable housing quotas should not be cut, Labour MPs say
Labour MPs are urging the Mayor of London and ministers to drop plans to reduce affordable housing quotas in the capital to boost homebuilding. The MPs expressed their concerns that the proposals being written by housing secretary Steve Reed and mayor Sadiq Khan in response to a drop in new developments in London.
Khan and Reed are considering allowing builders to qualify for fast-track planning permission. They are promising to build 20% affordable homes rather than the current minimum of 35%. Labour MPs are using the coming weeks before the formal announcement of the package to convince them not to.
“Solving the housing crisis relies not just on how many new homes we build, but also on their affordability,” Florence Eshalomi, the Labour chair of the housing select committee said. “One of the main drivers of the crisis we are in has been the failure over many decades to build homes that are within reach of local people. This problem has been particularly acute in London, where all too often we have seen developers prioritise profitable luxury units over housing that meets the needs of people already living here.”
She is not the only one. “Walthamstow has been struggling with the impact of development for years, whether in housing or in the increase in rents it causes by driving gentrification, as housing costs are the reason we have such high levels of poverty,” Stella Creasy, the Labour MP for Walthamstow said. “We desperately need genuinely affordable housing and protections for tenants, I hope the mayor will hold firm that these targets matter.”
Another Labour MP also expressed concerns but did not want to be named,
“We understand there is a crisis in London housebuilding, but there must be a way to solve it which does not involve letting developers get away without decent levels of affordable housing,” they said
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