Following consultation in February 2017 the Mayor has published the Affordable Housing and Viability SPG. The final SPG includes a number of important modifications to the draft.
The Mayor re-affirms his commitments for half of all housing completions in London to be affordable, setting measures to address the legacy of undersupply and an annual delivery rate of 17,000 homes per year.
"Affordability remains a key priority for London and the SPG sends a clear signal that the Mayor is prioritising increased supply and quicker delivery of affordable housing."
The SPG includes important and welcomed guidance in terms of Build to Rent and important clarifications from draft to final versions of the SPG; namely recognition that satisfying all planning requirements and obligations in order to benefit from the fast track approach is unworkable in practice.
Download our briefing note for more detail on this.