Mayor of London sets 50% affordable target for remaining housing-development sites
Mayor of London Sadiq Khan has set out plans for at least half of the final 3,000 new homes to be built at Queen Elizabeth Olympic Park to be “affordable”.
The homes will be built across the park’s Stratford Waterfront, Pudding Mill and Rick Roberts Way development sites over the next 12 years. Subject to planning permission, 600 homes will be delivered at Stratford Waterfront, 1,500 at Pudding Mill and 900 at Rick Roberts Way.
Khan said he would invest around £10m a year in housing and infrastructure grants for the three sites over the next two decades, with precise funding to be confirmed in his mayoral budget early next year.
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