The extent to which some of the largest London-based social landlords have reduced their development ambitions has been exposed as the Greater London Authority made public its strategic partnership deals for the 2021-26 affordable housing programme.

The £3.46bn list of deals shows big reductions in the proposed output of affordable housing by clients including L&Q, Peabody and Notting Hill. L&Q’s allocation is a tiny fraction of that secured in the previous 2016-23 programme.

The list of strategic partnership deals also appears to show the extent to which grant rates have soared as the GLA has refocused its programme on homes for social rent, at the same time as housing associations have become less willing to cross-subsidise construction of affordable homes using receipts from for-sale housing.

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