The additional funding will be used to build hundreds of new council homes across Royal Greenwich, as part of the Greenwich Builds programme. All of these homes will be let at London Affordable Rent to local residents on the council’s housing waiting lists.

Over 350 Greenwich Builds council homes are now under construction, with tenants having moved into the first 20 completed homes this year. All the homes meet stringent safety and sustainability standards in line with those specified under the terms of the Mayor of London grant. The vast majority of Greenwich Builds schemes meet zero carbon targets as part of Royal Borough of Greenwich’s draft Carbon Neutral Plan.

In total the Greater London Authority is allocating £3.46bn to local authorities, housing associations and private providers to cover homes built over the next five years.