Social Housing cut for King Street

King_street Helical Bar has plans to reduce the amount od social housing in the King Street redevelopment, after Mayor Johnson announced he would be removing the requirement to include 50% "affordable" homes.

According to Estates Gazette, the £110m scheme will now have around 20% affordable, but said that Helical Bar said it was "too early" to comment on the final make up of the development.

It’s understood that the new Mayor had met several local leaders, including Hammersmith & Fulham’s Steven Greenhalgh, to assure them he would not intervene if they approved schemes that breached Livingstone’s "50% affordable" requirement.

This is first evidence of BoJo’s commitment to "work with the Boroughs to deliver 50,000 new affordable homes over the next three years" made during his election.

However, Minister Hazel Blears can still call in plans, so there is the possibility of conflict between Minister and Mayor – he is expected to release a policy statement to head this off.

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