Mayor delivers £195m Decent Home repair & retrofit boost for affordable housing
The Mayor of London, Boris Johnson has announced a major funding boost to help improve affordable homes in poor condition and support energy-saving works to thousands of homes across London.
Some of the capital’s council estates are in need of urgent repair to improve the homes and lives of thousands of residents living in non-decent properties. To address this, the Mayor has secured £145m of Government ‘Decent Homes Funding’ that will be distributed to London boroughs to bring homes back to good standards.
In addition to this, over 175,000 homes will benefit from carbon-reducing renovations that could save residents up to £180 annually on energy bills. The Mayor’s Office has contracted Capita to a £3m contract to support the delivery of energy-saving improvements worth at least £50m, to homes by 2017.
The Mayor of London, Boris Johnson said: “This vital Decent Homes investment will enable us to help boroughs transform some of the poorest quality council estates and social housing in need of urgent repair.
“Many families are also rightly concerned at the cost of their energy bills so I’m delighted to be able to put in place a programme of energy-saving measures for homes across the capital. This will result in renovations that lower energy bills for thousands of residents.“