Developer Madura is seeking to no longer provide any “affordable” housing as previously agreed at a new block of flats in Charlton.
Instead they seek to give Greenwich Council £455,695.
With the authority buying many homes off the market at an average of £350,000 that’ll barely buy one home, with over 20,000 on the council waiting list and homeless households doubling in three years to a record high above 1,500.
When the block was originally approved, plans stated:
“In accordance with the National Planning Policy Framework, Hexagon Housing Association or one of of Royal Borough of Greenwich preferred partners will provide new residential accommodation on this brownfield site with a range of accommodation type, size and tenure to reflect local demand”.
The assumption therefore was 14 “affordable” flats provided by a Housing Association, which is now reducing to 14 market sale and a small payment which will provide fewer than two affordable homes.