Hackney joins other borough to fight the Mayors ‘affordable’ rent
Eight borough councils including Hackney are challenging the Mayor of London’s Revised Early Minor Alterations (REMA) to the London Plan.
“For many years, boroughs have been able to ensure new affordable housing is provided at rents local people can afford. Typically, in inner London that is 30-40 per cent of market levels.
However, Boris Johnson is seeking to impose ‘affordable’ rents in new housing of up to 80 per cent of the market rate, refusing to allow boroughs to negotiate lower rents that local people can afford.”
The Mayor of London’s proposal applies to new affordable housing built in London. Existing council tenancies and the majority of housing association tenancies will be unaffected.