Cash injection from Mayor of London for new Enfield homes

In excess of £18 million has been given to Enfield Council by the Mayor of London to build more than 570 homes in the borough.

The cash comes from the Mayor’s ‘Building Council Homes for Londoners’ fund, which was secured from government cash for social rent, and, along with Right to Buy Receipts and Prudential Borrowing, it will support the delivery of 570 new Council-owned, affordable homes for local people.

The Leader of Enfield Council, Cllr Nesil Caliskan, said: “I am delighted that our bid for funding has been successful. There is a chronic shortage of housing in Enfield and this funding will help drive the construction of more than 570 homes in this borough, which will be available at London Affordable Rent levels.

“We have too many residents in need of family sized homes and far too many people in temporary accommodation. Enfield Council has ambitious plans for house building in the coming years, and this funding will support and complement the work we are doing and help us to get more families into good quality, desperately needed family homes.

”We are committed to tackling the housing crisis, but it requires co-operation across all levels of government to ensure that the massive council house building programme that is required can commence and we can start to address this huge challenge.”

As well as providing funding, the Building Council Homes for Londoners programme offers boroughs an innovative way to ring-fence their Right to Buy receipts to invest in new homes, alongside expertise and resources from City Hall to scale up their home building programmes.

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