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<p>This Government is investing £9.4 billion to deliver 400,000 affordable housing
starts by March 2021, including Shared Ownership, Rent to Buy, Affordable Rent and
Starter Homes – the largest housing programme by any government since the 1970s. Government
has recently agreed a major package of funding for London - £3.15 billion over the
period 2015 to 2021, to deliver at least 90,000 affordable homes by March 2021. These
include at least 58,500 homes that provide working Londoners with the opportunities
to own a home over time – homes for shared ownership and homes offered at ‘London
Living Rent’ that will actively support tenants into home ownership within ten years.
London will also get a share of the additional £1.4 billion investment in the Affordable
Homes Programme announced at Autumn Statement.</p><p>Any worker can benefit from all
our housing offers, provided that they are otherwise unable to afford to purchase
or rent on the open market and meet the eligibility criteria. Many local authorities
also provide their own local housing schemes for local workers. They can also benefit
from our London Help to Buy, with up to 40% equity loan.</p>
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