Boris Johnson unveils plans to support just 58 new houses in Haringey with £108m cash pot

The cash pot, which was unveiled in his nine-point plan outlining the future of the city if he is re-elected on May 3, is reserved to help construction projects in London.

The money, if elected, will be used to help unlock stalled building projects in London which have already been granted planning permission.

A total of 2,712 houses in London boroughs of Haringey, Bromley, Wandsworth, Hillingdon, Enfield, Barnet, Hounslow, Hackney, Brent, Lewisham, Southwark and Croydon could be built with the money.

The borough of Lewisham could benefit from 461 new homes if Mr Johnson is re-elected and 405 houses are proposed to boost the housing numbers in Brent.

However, at this stage, the cash will support less than 60 homes being built Haringey.

The proposals, which are yet to be confirmed, include building the properties in Hale Village, which is a site set on the old GLS depot between Tottenham Hale Station and the Lea Valley Navigation.

Hale Village, which is expected to be completed next year, will comprise of 1,200 new homes.

The properties will be a mixture of private homes, shared ownership, student flats and social housing.

The new houses will be built by contractors Hale Village Properties LLP.

Bids for the money were assessed by the Homes and Communities Agency, which was in charge of deciding which projects in London were the most likely to be delivered while offering the best value for money.

The bids for the schemes will continue to be assessed by the agency before the contracts are signed.

The Conservative Mayor of London, Boris Johnson, said: “This programme offers us a fantastic opportunity to accelerate the delivery of desperately needed new homes and provide a real boost for jobs in the construction industry.

“As well as driving economic growth these sites have all been identified as having the potential to create stronger and thriving communities to live in.”