The private developer that owns the Territorial Army site next to Holloway prison is now stating they can offer only 30 per cent of their development for affordable housing, reports the Islington Tribune. This is despite the 50 per cent minimum set by Islington Council.
Islington Council and the Secretary of State for Communities and Local Government won a landmark case last year against the developer which was trying to override the council’s affordable housing requirements in residential developments. The outcome was a message to developers that they can’t overpay for land and then shirk their responsibilities to meet the council’s affordable housing requirements. The full story can be read here.