More than 8,500 households are on Hackney’s housing register, and over 3,500 of them are homeless. Now the council has secured £22.7 million to help build 102 new affordable homes.
The grant from the Greater London Authority (GLA) will support four housing regeneration projects across the borough. It will deliver new social rent and other affordable homes for Hackney residents.
The money comes from the GLA’s London Social and Affordable Homes Programme (LSAHP) 2026-36.
A report accompanying the decision described the borough’s housing crisis as acute. It said the 102 homes are part of the council’s commitment to tackling it.
The GLA’s offer is conditional. The decision to accept it was made on 5 November 2026 by the Executive Director of Housing, Climate and Economy, in consultation with the Executive Director of Finance and Corporate Resources.
Grant funding from the Mayor of London and the GLA is considered critical to making new affordable homes financially viable and deliverable. Hackney has previously secured around £120 million from the GLA’s previous Affordable Homes Programme 2021-26.
The LSAHP 2026-36 programme aims to provide new affordable homes across London with up to £11.7 billion allocated from the Ministry of Housing, Communities and Local Government. Hackney's bid included 'Named Scheme' bids for projects with delivery certainty and 'Indicative' bids for future projects.
The £22.7 million offer from the GLA covers the delivery of these 102 homes. However, for three of the four projects, only 40% of the homes have been offered funding, indicating a funding gap that will be covered by the Council's Right to Buy funds. The council will also continue to engage with the GLA through the Continuous Market Engagement (CME) process to secure further funding. The funding is conditional on entering into a contract and adhering to GLA requirements, including the GLA's Affordable Housing Capital Funding Guide and meeting delivery milestones.
Alternative options considered included accepting only the fully funded component of the offer, which would have reduced external funding, or declining the offer entirely, which would have led to significant delivery delays and increased costs. The council decided to accept the offer to secure vital external funding and protect its own budgets.
The specific details of the four housing regeneration projects are set out in Exempt Appendix 2, which is not publicly available.
The decision was made under delegated powers, following a Cabinet report in January 2026 which delegated authority to an Executive Director. A separate Delegated Powers Report subsequently approved the bids to the LSAHP.
Public reports pack Thursday 05-Nov-2026 09.00 Officer Executive Decisions.pdf