The housing crisis is the biggest challenge facing London today and remains a major concern for our residents and a top priority for Tower Hamlets Council.
With one of London’s fastest growing boroughs, it is difficult for many people to have secure and affordable accommodation due to rising private rents and a lack of truly affordable accommodation.
The launch of the new housing report reveals the important work being done across the borough to address this crisis, deliver new housing and support residents. This shows that Tower Hamlets Council has delivered the following over the past 18 months:
- 827 new homes – completed and occupied. It is a combination of new construction and purchases
- 224 new homes are on site and under construction
- 184 new homes awaiting contractor appointment, finance approved and planning secured
In addition, work has begun on the next phase of new social housing, including:
- 42 dwellings with building permit obtained and financing being finalized.
- 451 houses, mostly new construction, have received funding and are in the process of obtaining planning permission
- 318 additional housing units are planned or under evaluation
Altogether this means that the board delivers and has delivered 2,046 additional dwellings.
In addition to this, registered housing providers have also delivered over 5,900 new affordable housing units in the borough from 2015/16 to December 2021.
John Biggs, Mayor of Tower Hamlets, said: “One of the most important things we do as a council is to tackle the housing crisis by delivering new homes. In view of these figures, I am delighted with what we have managed to achieve over the last 18 months, exceeding our initial housing commitment by 2,000 new social housing units.
“This is in addition to the thousands of additional affordable homes delivered by housing partners in the borough. From giving a child their own room to providing an accessible apartment for someone with a disability, each home has been truly transformative and we will continue to support our residents wherever possible to provide suitable housing.
The housing report also showed the council’s commitment to helping residents find more affordable housing options through the Middle Housing Register which was launched in October. This continues to help low-to-middle income people find safe housing and combat the housing waiting list.
Supporting private tenants is also a major focus for Tower Hamlets Council, and the launch of the Private Tenants Charter has enabled the council to take more action against rogue landlords through licensing and enforcement to protect our residents .
Tower Hamlets has also secured the nation’s largest New Home Bonus funding after receiving £16,262,773 to deliver on a pledge to create much-needed affordable housing for residents. The New Homes Bonus is a grant paid by central government to local councils to reflect and encourage housing growth in these areas.
The report also showed other key findings, including:
- Successfully securing £32million in grants from the Mayor of London’s Affordable Housing Scheme to fund an additional 194 new homes to let for social purposes in the borough
- The establishment of a local tenancy scheme where 25% of completed homes can be rented to households registered in the Common Housing Register who already live on the developments where the new homes are being built
- Approval of the Affordable Self-Build program with the first 2 of 4 sites awarded to community self-build groups.
Cllr Danny Hassell, Cabinet Member for Housing, said: “I am delighted with the launch of our housing report which details what we have managed to achieve over the past 18 months.
“We want to continue to take every opportunity across Tower Hamlets to build homes and tackle the housing shortage, make the best use of our land and help our residents find suitable accommodation.”
Posted on Thursday February 10th, 2022