More Social Housing in Plaistow, East London
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West Ham Branch Labour Party Petition for Social Housing in Plaistow
The former Ford Motors’ showroom, on Plaistow Road E15, is going to be developed into residential accommodation. As Newham residents we are keen that the site will be developed for desperately needed social housing and not only for private sale.
At the moment the proportion of affordable housing proposed by the developers is 25% - with 60% of this fraction being social housing. This is inadequate and falls well short of Newham’s own targets of 35-50%. Affordable housing - usually for sale - is set at 80% of the market value, while social housing - for rent - is set at 40-50% of the market rate.
We ask the Council to give an assurance that an increase in the proportion of social and affordable housing in the development is being pursued on behalf of local people and in line with its own and the improved London-wide suggested targets of 50%. We consider 50% affordable housing to apply to 50% of all types of housing units and 50% of housing square footage in the development
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