Greenwich Builds Programme
Greenwich Council continues to heavily invest in its Greenwich Builds Programme for new homes, amidst broader financial challenges.
Greenwich Council allocated £117 million to its Greenwich Builds Programme in 2025/26 for new home construction and acquisitions, a report said in July 2026. This investment formed part of the council's £215 million total capital expenditure on housing schemes that year, which represented 74% of its overall capital spending. The Greenwich Builds Programme is a Greenwich Council initiative focused on delivering new homes within the borough.
This significant investment comes as the council's cabinet was informed in December 2025 of a projected £7.2 million council-wide overspend and a £2.4 million overspend in the Housing Revenue Account. In the preceding financial year, 2024/25, £131 million was spent on the Greenwich Builds Programme for new homes, according to a report in July 2025. No further discussions regarding the programme are currently scheduled at council meetings.
Key facts
- The Greenwich Builds Programme received £117 million in 2025/26 for construction and acquisitions. Source
- Greenwich Council invested £215 million in housing schemes in 2025/26. Source
- Greenwich Council faced a projected £7.2 million overspend, reported in December 2025. Source
- A £2.4 million overspend in the Housing Revenue Account was noted in December 2025. Source
- The Greenwich Builds Programme received £131 million in 2024/25 for new homes. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.