City Hall Developer Investment Fund
The question
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Written Statement of 23 October 2025 on Housing Delivery, HCWS991, whether the £322 million City Hall Developer Investment Fund is additional government funding or from the existing Spending Review settlement for the Greater London Authority; and what is the estimated number of dwellings it will support.
Answered by Matthew Pennycook
The initial allocation of £322 million to establish the City Hall Developer Investment Fund comes from capital grant funding for land and infrastructure delivered through the new National Housing Delivery Fund announced at the June 2025 Spending Review.
The fund will enable the Mayor of London to take a more direct and interventionist role in unlocking new homes in the capital.
We are currently negotiating and agreeing an integrated settlement outcomes framework with the Greater London Authority which will agree their targets for delivery.
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