The Mail on Sunday claims that secret documents obtained under the Freedom of Information Act show Capco, the developers, persuaded Sir Edward Lister, Boris Johnson's deputy, to get councils to drop a periodic review of affordability if the scheme proved more profitable than expected.
Our Council dutifully concluded such a review of affordability would "not be appropriate".
When those dyed in the wool socialists at the Mail on Sunday last did a bit of digging on this murky deal Councillor Andrew Johnson, cabinet member for housing, claimed that there would be 20% provision of affordable homes, which he argued was plenty. He said: ‘
Twenty per cent of new homes in the development will be affordable for local people, the highest figure that can reasonably be reached without any taxpayer subsidy while keeping the scheme commercially viable".So that's OK then.