- London needs 66,000 new homes each year. However, in recent history, nothing like this capacity has ever been delivered. 
- In 2016-17, there were just 41,371 net additions to London housing stock. 
- Less than 5,500 affordable homes were completed in 2017-18, compared with an average of over 10,000 per year in the last decade.
- Almost half of London’s need is for social rent, but only 14 per cent of all home starts so far in this Mayoral term are for social rented homes.
- The Mayor has received £4.82bn to deliver 116,000 affordable home starts by March 2022.
- This year’s target range for starts is 14,500 to 19,000 – but only 2,400 were recorded in the first six months of this year. 
Today, the London Assembly Housing Committee, publishes its new ‘Affordable Housing Monitor’, an annual report which clearly shows the Mayor’s record in delivering affordable homes for the capital.
The Chair of the Housing Committee, Sian Berry AM, said:
“The Mayor is letting down Londoners, he promised us more affordable housing but so far has fallen very short of his promises, particularly on social housing which is our greatest need.
“With young and lower-income people suffering the most from the housing crisis, we can’t wait much longer for his policies to kick in.
“The Mayor must fulfil his pledges. It is in his power to ease the housing crisis and meet his targets – especially as he has received new funding.
“There is now no excuse for genuinely affordable housing to be out of reach for Londoners who want a secure home.”
Today, the Committee will analyse the monitor, the Mayor’s funding programmes and delivery of affordable homes in the last year. The affordable housing delivery meeting will also consider the likely impact of his new funding for council homes.
The guests are:
- James Murray, Deputy Mayor for Housing and Residential Development, GLA
- David Lunts, Executive Director, Housing and Land, GLA
- Mayor Rokhsana Fiaz, London Borough of Newham
- Councillor Emily Davey, Portfolio Holder for Housing, Royal Borough of Kingston upon Thames
- John Hughes, Group Director of Development, Notting Hill Genesis