Saturday 20 July 2013 9.01pm
The commitment to build 10,000 new council homes is the largest pledge made by any council in Britain, and although will not answer all of Southwark's housing shortage, has to be seen in this context.
If every council in London made a similar commitment we would have a programme for over 300,000 new homes in a period when the Mayor estimates we will need up to 1 million new homes. The private sector and other RSL's will have to provide the rest of the answer.
The rents of the new council homes we build will be at target rent - the same as existing council properties. And they will be built right across the borough - including SE1. Some of the first to be built under our 1000 new council homes programme will be on Long Lane
Southwark is - and will remain - the largest council house provider in London, and this new commitment will increase our overall stock to over 60,000.
There are always reasons to criticise and pick apart political decisions - but this commitment is truly historic and I hope will be welcomed and supported by SE1 residents.
Now it's over to other councils to come forward with their commitments.