New scheme will make affordable housing available for West End workers

Today, I have launched a new scheme that will provide help to low wage West End workers access property in the heart of our city.

Young worker who would not be prioritised for social housing will be able to apply for affordable accommodation in the thriving centre of the capital, thanks to this pilot flagship scheme launched today (Friday 13 January 2011) by Westminster City Council.

As rent, transport and living costs continue to rise across the capital, workers that form an integral part of the West End’s economy, such as market traders, performing artists, Special Constables and hospitality sector workers, are left with ever fewer affordable housing options. To reconnect the West End’s exceptional diversity of markets, theatres and hotels with its workforce, Westminster’s Fair Share Housing Scheme will provide high quality sub-market rent accommodation in central London on a shared basis, with rents at a third cheaper than private sector rents.

The scheme is a working example of the proposals set out in the council’s Civic Contract, launched in November 2011, which sets out how Westminster will foster strong relationships between work and citizenship. The Fair Share Scheme will help those people working in vital parts of the city economy to forge bonds with the area and wider community by cutting down on commuting hours, giving people more time to volunteer and contribute locally.

The aim of this innovative scheme is to highlight and address the housing needs of London’s dynamic workforce.

With recent changes to housing benefits for single occupants and with living and transport costs increasing, local authorities must come up with alternative ways to accommodate those on a London Living Wage who keep our local economies thriving.

In Westminster, we are working to provide fairer and more affordable housing options to lower-earning individuals who do their fair share to support the economic life of the West End.

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This entry was posted on Friday, 13 January 2012 and is filed under . You can follow any responses to this entry through the RSS 2.0. Responses are currently closed.