Magazine article Public Finance

Healey Accepts Plan for London Housing

Magazine article Public Finance

Healey Accepts Plan for London Housing

Article excerpt

Housing minister John Healey has backed away from blocking London Mayor Boris Johnson's plan to scrap affordable housing targets.

In advice published on February 27, the same day as Johnson's London housing strategy, Healey criticised the mayor for scrapping the target to make 50% of new homes in the capital affordable. But he said he recognised that Johnson had won a mandate from voters and the minister had decided therefore not to use government powers to amend the strategy.

But Healey warned that the issue was likely to come to a head again later this year during consultations over the London Plan, the mayor's comprehensive development strategy, which also includes housing targets.

Healey claimed that the scrapping of the 50% target, which was. …

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