Housing Boost for London

May 22, 2009
by News on the Block Editorial Team

Boris Johnson, the Mayor of London, has promised to spend £22 million renovating 1300 derelict properties and turn them into liveable homes. Separately, in partnership with the Homes and Communities Agency, a further £135 million has been committed to creating 3000 aff ordable homes and kickstarting five stalled development sites around the capital leading to the construction of up to 6000 homes. Commenting on the
project, The Mayor said: “As this rolls out thousands of construction sector jobs will be saved but more
importantly the sector will emerge strong to build and grow London when the recovery comes.”

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