I'm seeing a lot of people get angry about this when they shouldn't be. Stability in the rent formula is good! Also CPI+1% is not new, it's already the formula, the issue is it kept changing. Here's a thread to explain what this all actually means 🧵

on.ft.com/3MyZebb Firstly, social landlords, use their rents to maintain their stock and provide a good service - it's therefore very normal to have rents increase with inflation in order to do this (cost of maintenance, repairs etc.).

The picture on the left is from 2012. The picture on the right 2022. A decade that shows the changing skyline of North Battersea. Many of these new developments are in the VNEB (Vauxhall, Nine Elms, Battersea Opportunity Area) which had its ‘affordable housing’ provision capped at 14%. Much of this was shared ownership & intermediate rent rather than the social & council housing our city desperately needs.

I’ve just seen a video where the Leader of Wandsworth Conservatives attack @WandswrthLabour for hiring more staff into the homelessness prevention team.

Here’s why we did it.. 🧵 Under the Wandsworth Conservatives, every single year since 2010, the number of statutory homeless families has gone up.

Homeless families are placed in temporary accommodation. In 2020 this cost the Council nearly £20million. Public money that goes to private landlords.

Today the Northern Line extension opens in Nine Elms. Increased public transport is always a good thing, and as someone born and raised in Battersea there is something exciting about finally making it onto the Tube map. But… (there’s always a but isn’t there) The Tube has been financed through a deal between Wandsworth Conservatives & developers. Section 106, the tax on developers we use to build social housing was instead spent on the Tube. £266.4million of it. A large reason why Nine Elms will produce only 15% ‘affordable’ housing

I see the sky-pool in my ward is trending. So a good opportunity to talk about Nine Elms and the role Wandsworth Tory Council and the then Mayor, Boris Johnson, played in shaping this part of London/ (thread) This former industrial area in the heart of London was an incredible opportunity for a city facing a sever housing crisis. Yet from its inception, Conservative politicians have prioritised the private gain of developers over the public good.

Well done to @AmCritchard for suggesting Wandsworth Council use its unspent food-poverty grant funding on meals for children with a social worker or EHCP plan during half-term.

https://twitter.com/wandbc/status/1319331031456059393

However, thousands of children who usually rely on Free School Meals will still be excluded from this scheme. @LondonLabour councils such as Hammersmith & Fulham, Lambeth, Redbridge, Southwark, Greenwich and Camden have announced they will cover all FSM children themselves.