Government cash will improve 80 per cent of East End’s sub-standard homes
NEARLY �100 million will be invested in bringing East End homes up to the decent homes standard, the government has announced.
Residents of Tower Hamlets Homes will benefit from more than �94.5 million of investment in their homes over the next five years.
The decent homes backlog programme funding allocations were announced by the government last week and Tower Hamlets, which has one of the highest percentages of homes not meeting the ‘decent’ standard, has been awarded the second highest level of investment in the country.
Decent homes is a national standard which means that all council and housing association tenants should expect to live in a home that is reasonably modern, warm and water-tight.
Tower Hamlets Homes chief executive Gavin Cansfield said: “This is a good result for tenants of Tower Hamlets Homes.
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“Although we haven’t received the full amount we applied for, the money we’ve been allocated means that �1 in every �16 of all decent homes money – over �1.5 billion - will be spent in Tower Hamlets. I’m looking forward to work on the first homes beginning in April.”
In Tower Hamlets, currently 8,926 council-owned properties do not meet the decent homes standard.
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The funding will allow Tower Hamlets Homes to bring nearly 80 per cent of these up to modern standards. The remaining homes will hopefully be funded either through subsequent government funding, or locally.