Housing Crisis ‘Devastating’ for Homeless Londoners and Council Finances: Report

The housing crisis is having a “devastating” impact on Londoner’s lives, leading to homelessness and a growing financial squeeze on local authorities, London Councils has warned. The cross-party body, which represents all 33 councils in London, has called on the government to invest in social housing and end years of underfunding for local authorities. London Councils has reported that boroughs in the capital are facing a £700 million funding gap, with Croydon, Havering, and Lambeth currently reliant on exceptional financial support from the government. London boroughs spend more than £90 million per month on temporary accommodation (TA) to support people who are homeless or at risk of becoming homeless. The figure has gone up nearly 40 percent from last year....