London Social and Affordable Homes Programme 2026-36

The Mayor has secured up to £11.7 billion to deliver the London Social and Affordable Homes Programme, which will run from 2026 to 2036. The programme will support the delivery of thousands of new social and affordable homes across London, with the overall housing target for the programme to be confirmed after the initial bidding round. Funding is available to deliver projects that can start on site by March 2036 and complete by March 2039. The Mayor is committed to delivering social rented homes, and at least 60 per cent of homes delivered under this programme are expected to be for social rent. This programme will support the delivery of social and affordable homes that meet the different needs of Londoners, by primarily funding social rent, shared ownership, Intermediate rent including Key Worker Living Rent, and London Living Rent. Projects funded through this programme must demonstrate that they are contributing to net additionality, delivering above and beyond what could be secured through the planning system alone.