I hope that my hon. Friend will be reassured to know that 15 of the 146 bids were for the Milton Keynes and Aylesbury Vale area. Ten of the bids were accepted, and nine have been signed up with the Homes and Communities Agency. Overall, the Government are committed to investing nearly £4.5 billion in new affordable housing, delivering 170,000 new affordable homes compared with the 150,000 originally estimated. That means we shall be increasing the supply during this Parliament rather than reducing it, as the previous Government did.
Will the Minister tell us how much money is being provided to local authorities to develop new council homes? Why are his Government insisting that any self-funded local development be provided by increasing council rents to 80% of market value, which makes those rents totally unaffordable in many urban parts of this country?
I want to set the hon. Gentleman straight, because the ratio of the rent packages under the affordable rent offer in London is averaging 65% of market rents across London. Of course, tenants of those homes are eligible for housing benefit, as required.
(13 years, 10 months ago)
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The Secretary of State certainly has a role in the matter, and I do not seek to avoid that. However, I am sure that the right hon. Gentleman understands fully that the lead Department will be the Department for Culture, Media and Sport. Perhaps I can put a broader perspective on the way the Government work. We think it is important to ensure that local businesses, of all scales and whatever the business, have the opportunity to thrive. We want to support economic growth and regeneration, and we have made it clear that areas such as the right hon. Gentleman’s constituency, which are behind in the economic race, need to be given support. We want to see that done by giving power and the capacity to take decisions back to local councils and to London collectively, and not by having micro-management from Whitehall on every aspect of business delivery.
We have a strategic and supportive role to play, and it is important to get the macro-economic situation right. We must provide incentives, remove barriers and provide access to targeted investment. Despite all the financial pressure faced by the Government and the country, we have given the green light to some important and significant infrastructure projects.
Let me take the Minister back to the question asked by my right hon. Friend the Member for Tottenham (Mr Lammy). I understand the philosophy behind the future planning arrangements, but in the immediate term we have two bids going in for the Olympic stadium—from West Ham and Spurs. West Ham is a local club that would essentially seek to develop the Olympic stadium for the continuation of local activities as an east London club. Spurs is in Tottenham and is an important part of the local economy. Surely the Government have a duty to take into account the effect on the local society and economy of Haringey should the transfer of Spurs to the Olympic stadium be approved, rather than if the club continues where it has been for a long time and where it is, as my right hon. Friend pointed out, a major part of the local economy.
I understand the concern that was raised by the right hon. Member for Tottenham and brought to my attention again by the hon. Member for Islington North (Jeremy Corbyn). Of course it is an issue of controversy that the shortlist contains those two clubs; I understand that. The Olympic Park Legacy Company is negotiating with each club, and expects to have reached a settled position on the legacy by the end of the financial year. I was not aware of the specific date that the right hon. Gentleman mentioned a moment ago. It would not be right for me to comment on the progress of that bidding process or on the state of those negotiations, and neither would it be right for the Government to seek to interfere with that. As the right hon. Gentleman says, at some further point the decision will come back for endorsement by the Olympic Delivery Authority, and no doubt points of view will be taken into account when that decision is—or is not —signed off.
Perhaps I can return to the broader picture. It is important to ensure that the Olympic investment and legacy benefits the whole of London; it is not intended to be a one-shop stop. An intrinsic part of the bid put forward by the previous Government and supported by all parties in the House, was that the value of the Olympic bid would be in the legacy that it would bring not only to a geographical area but to young people, by providing opportunities to promote excellence far into the future. All parts of that legacy programme are still in play as far as the present Government are concerned.
We must also recognise that we are devolving powers. We are taking powers out of Whitehall and passing them down to the Mayor of London, the London boroughs and the London assembly. Proposals have been published in the Localism Bill, and they will be considered by the House.