London’s social mix has always been a key part of London and is under threat more than ever before. The Government’s new ‘Vacant Building Credit’ waives the need for developers to include affordable housing when redeveloping vacant buildings. These payments are vitally important to ensure a supply of affordable homes for families, and to ensure that our neighbourhoods remain mixed communities – not just luxury enclaves for the rich.
The scheme is opposed by the City of London council see: http://www.planningresource.co.uk/article/1332466/city-london-voices-opposition-vacant-building-credit and Lambeth council: http://www.localgov.co.uk/Borough-hits-out-at-Vacant-Building-Credit/38283
To support the campaign opposing the Vacant Building Credit please sign Tessa Jowell’s online petition: http://www.endthegreathousinggiveaway.com/
August 2015 update: High Court has quashed the Tory plans for Vacant Building Credits