Two West London schemes are among 16 who will receive investment from Mayor Boris Johnson and the London Homes and Communities Agency.
Investment for 16 housing and regeneration schemes acros London has been approved by the HCA London Board, chaired by the Mayor, and will deliver a total of 518 affordable homes to help meet London’s housing needs.
Dabbs Hill Lane, in Ealing, will receive £716,000 and deliver 8 homes, while Elmwood Avenue in Hounslow, will deliver 19 homes after receiving £1,900,000. Both are Local Authority New Build schemes.
The schemes, originally included as part of the previous Government’s Housing Pledge, had been at risk because of funding uncertainties, but are now secure.
The 16 projects consist of seven former ‘Kickstart’ and nine local authority new build schemes. In total more than £51.7m of investment is being provided to support these projects from the London region budget.
The Mayor of London Boris Johnson said: “Housing must remain a priority which is why we have rescued these schemes from the spectre of the credit crunch and delivered the cash needed to get construction up and running but at less cost to the public purse.”
David Lunts HCA Director for London said ” It’s great news that these stalled schemes will now go ahead. Despite the belt-tightening times, we have worked hard with our partners to find ways to make these projects better value for money and each will provide badly-needed new homes for Londoners.”
A number of other former London Kickstart schemes remain subject to further consideration.
THe HCA is a partner in the Place West London conference on October 14. See details of the programme here.