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A new report says the number of affordable homes started under the current programme is below target. The issue affects households across London as demand for housing continues.
Transcript
00:01London's affordable housing target has been missed, according to a new report from the
00:05London Assembly Housing Committee. It says 14,335 affordable homes were started through
00:11the current programme, below the revised target range. The Mayor of London says housebuilding
00:17has faced major challenges, including high interest rates and economic pressures. City
00:23Hall says new funding measures will help deliver more homes. The report also highlights thousands
00:28of unfinished affordable homes from an earlier programme. Housing campaigners say more needs to
00:35be done to tackle demand, with many households waiting for suitable homes across the capital.
00:40The issue remains a key concern for London residents.
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