London Councils calls for co-ordinated funding programme to boost regeneration

Joyce and Snells CGI

Report outlines estates with the potential to deliver 10,000 homes

A national or regional programme that co-ordinates or “top-slices” money from across different government funding streams could boost regeneration in the capital, according to London Councils.

The umbrella group, in a new report titled A decade of renewal: the contribution of London estate regeneration outlines several projects that it said could deliver 10,000 homes. But it says there “are a lot of barriers to unlocking the sites”, including financial pressures on Housing Revenue Accounts, “skyrocketing” construction costs, and pressures around building safety and decarbonisation.

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