Press Release
From Office of the Mayor of Tower Hamlets
Mayor Lutfur Rahman brings in £165 million to improve borough’s housing
At a reception with residents and partner agencies today Lutfur Rahman, Mayor of Tower Hamlets announced an investment of £165M in the council’s housing stock.
This is in addition to the £16M Tower Hamlets is to receive under the government’s New Homes Bonus scheme because the borough is building more homes than any other authority in the country.
Mayor Lutfur Rahman said: “I’m delighted with this £165 million investment. Over 8,000 homes will receive Decent Homes work over the next 3 years. I’m also proud that we’ll be creating many local jobs and apprenticeships as well as supporting local suppliers through this scheme.”
Cllr. Rabina Khan, Cabinet Member for Housing said: “Thanks to the Mayor’s commitment to improving the council’s housing stock, all of our properties are on track to become Decent by 2015. This administration will do whatever it can to address the borough’s pressing housing need.’’
Ends
Notes to editors:
1. The initial award of £94.5M was secured by Mayor Rahman in December 2010 with the promise of an extra £70.6M dependent on the delivery of the first phase of works. Those works have been completed ahead of time giving the borough access to the £70.6M.
2. The investment is in addition to the Pilot Project (worth around £7.5M) that was delivered while Mayor Rahman was Leader of the Council in 2009.
For information about this press release contact Numan Hussain, Political Advisor to the Mayor on 07508 352 023 or email numan.hussain@towerhamlets.gov.uk