LONDON: Mayor of London Sadiq Khan has announced that he will invest £15 million in a new scheme that aims to purchase up to 330 properties to be made available for Londoners who have been, or are at risk of becoming homeless.
The plan is to buy properties that are in good condition and let them at “genuinely” affordable rents to individuals and families who are ready to move out of temporary accommodation and live independently.
Tenants will able to access wider support to help them move into training and employment.
Sadiq Khan is planning to block foreign homebuyers from buying properties in London until they have been offered to British residents first.
As part of the £34m Energy for Londoners programme, businesses will be offered grants to replace old, polluting boilers with cleaner models and heating systems.
This builds on the Mayor’s existing £4.2m RE:FIT programme which supports London’s public sector building managers to reduce energy demand and carbon emissions.
A new £2.4m fuel poverty package will give some of the most vulnerable households free home energy improvements such as boilers, heating controls and insultation worth up to £4,000.
An estimated 335,000 London households live in fuel poverty. Homeowners eligible for the new benefits, such as older people and Londoners with disabilities, could save on average £255 annually, according to City Hall.
Khan said: “It’s a sad fact that for many Londoners keeping their homes warm during the cold winter months is a luxury they simply cannot afford. My Energy for Londoners scheme aims to help those most in need with grants for new boilers, windows and home insulation to help cut fuel bills.
“I’m also working on a number of ambitious projects to generate more local clean energy to power our homes, businesses and communities.”