Future Plans for Housing

Words Count: 2330

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To: Chief Executive Officer, Moira Gibbs

Created by:

Date:

Camden Council | Planning for the future of Camden’s housing system |

1. Table of contents

Section | Page number |

1. Table of Contents | 1 |

2. Change plan for housing | 2 - 3 |

3. Challenges | 3 - 4 |

4. Key aims of change plan | 4 - 5 |

5. Action plan | 6 - 11 |

5.1 Housing and stable communities | (6) |

5.2 Relationship managent | (7) |

5.3 Plan for what it can do | (8 – 9) |

5.4 Restore trust in management | (10) |

5.5 Planning for eventual political change | (11) |

6. Eventual Aim | 11 |

7. References | 12 |

2. Change plan for housing

Ease the housing need

The demand for housing in Camden is outpacing from the growth of the population. Young professionals. All residences of 10 or more units are required to have a certain proportion of affordable housing in them, going up to 50% affordable housing for developments of fifty or more units.

Mismatch between supply, demand and affordability

The recent population growth and increase in single-person households means that Camden's current council housing is no longer relevant to the council tenant market. 4 bedroom properties dominate Camden's council housing, resulting in under-occupancy.

Figure 1

Since 1997 to 2002, the ratio of lower quartile house price compare to lower quartile earning has been dramatically increased from 5.54% to 12.43%, whilst Tower Hamlets (the lowest rate) showed 3.43%, 7.84% respectively. Generally, Camden borough has a high house price compare to average income of publics.

Empty Houses

Properties kept being abandoned due to the considerable disparity between demand and supply. Existing unoccupied houses can bring serious issues of security with possibilities of vandalism and squatting. The council is encouraging people to submit application for those who want

* Housing Supply Grant to help pay for refurbishments

* Owner...