The Mayor of London has awarded Greenwich a £38 million grant to be used building hundreds of new council homes in the borough.
Build across the borough, all new homes will be let at London Affordable Rent to local residents currently on the council's housing waiting lists as City Hall tries to tackle London's housing crisis.
The funding comes as part of the new Affordable Homes Programme, and has been awarded to Greenwich Council's council home building programme, Greenwich Builds.
A £38 million grant will eventually result in hundreds of new home, joining the 350 Greenwich Builds council homes already under construction.
Tenants moved into the first 20 completed homes earlier this year, with all homes meeting the stringent safety and sustainability standards which are required by the Mayor of London.
The vast majority of Greenwich Builds schemes meet zero carbon targets as part of Royal Borough of Greenwich’s draft Carbon Neutral Plan.
In total the Greater London Authority is allocating £3.46bn to local authorities, housing associations and private providers to cover homes built over the next five years.
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