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Mayor needs to take full advantage of powers to stimulate building of new homes in London

Commenting on the publication of the Mayor’s Housing Strategy

Baroness Jo Valentine, Chief Executive of London First said:

“The publication of the Mayor’s Housing Strategy is welcome. The Mayor now needs to take full advantage of his increased powers to stimulate the building of new homes in London, through the use of the GLA’s land holdings and through joint ventures with house builders and developers.”

Ends

Notes to Editors
London First is a business membership organisation with a mission to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure
London First delivers its activities with the support of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes further education colleges and London’s universities. London First members represent over a quarter of London’s GDP

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