andysays
Love and solidarity
Grenfell council gained £50m from affordable housing deals
And I'll be willing to bet that K&C isn't alone among London (and probably other) councils in accepting what are, in effect, legalised bribes from developers to avoid including necessary social housing in new developments
The council that ran the Grenfell Tower block struck deals worth nearly £50m last year to allow developers to avoid having to build affordable homes, research for BBC News shows. Kensington and Chelsea's own analysis shows it has built a fraction of the social housing the borough needs...
...The council's policy is for half of homes in large housing schemes to be available for rent or sale at below market rates. The official target is to build 200 affordable units - flats or houses - each year between 2011 and 2021. But the council's own figures show that since 2011-12, just 336 units have been built; in 2012-13, just four were completed. At the same time, Kensington and Chelsea struck deals with developers to pay it nearly £60m...
And I'll be willing to bet that K&C isn't alone among London (and probably other) councils in accepting what are, in effect, legalised bribes from developers to avoid including necessary social housing in new developments