The Council is committed to building 1,000 extra homes at council rent levels to deliver a new generation of homes for Lambeth’s residents. These homes will be delivered over the next 4 years through a combination of initiatives, including estate regeneration, small sites development and specific housing projects. The Council also needs to look forwards to future demand, where it is predicted that more than 1,500 new homes will need to be built every year until 2025, to make sure local communities have the opportunity to stay in Lambeth and to cope with London’s growing population. As you know, the Council is currently undertaking a feasibility study in consultation with residents to determine the best option for regenerating Fenwick Estate. The focus of this feasibility study and the consultation programme are to identify way to improve the quality of housing on estates and providing opportunities for new, additional homes, which goes toward meeting the new council home target, alongside the other estates identified as part of this programme.
The feasibility study is yet to be concluded. With regards to the infill sites, the estate regeneration team has worked in partnership with TFL to develop 55 new council homes on the three opportunity sites on Fenwick estate. The development includes a re-providing the existing community centre, Fenwick Hall.
The new homes and the community centre will be funded from the £12m, Section 106 agreement from the offsite TfL Nine Elms development. This development will form part of Phase 1 development of any proposed wider estate regeneration or redevelopment project, and alongside other homes which may be developed on the estate identified through the current Feasibility Study, will contribute towards achieving the target of 1,000 extra homes at Council rent levels across the Borough.
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