Boris Johnson’s key election pledge to build 50,000 affordable homes in London in his first three years in office will not be delivered, City Hall has admitted.
The Mayor’s deputy for planning Sir Simon Milton said the target must be pushed to 2012 due to the downturn.
The number of affordable homes started since Mr Johnson was elected is 6,500, with 9,080 completions. At that rate the number built by May 2011 would be between 13,000 and 21,000.
Nicky Gavron, Labour’s housing representative on the London Assembly, said: ‘This is yet another broken promise’.