MPs have expressed concern that Crossrail services could be delayed even beyond the hoped-for 2020 revised opening date, and questioned whether the additional £2.8bn in funding allocated to the scheme will be sufficient.
The homes will be built on existing TfL landholdings, including at Nine Elms, Hounslow West and Arnos Grove Tube stations, and the agency says the ‘Build to Rent’ partnership will deliver a minimum of 40 per cent affordable homes on each site.
Transport for London says it will be able to invest £1bn in frontline services, including introducing new trains on the Piccadilly line, after completing the sale and leaseback of its Elizabeth line trains.
As the largest delivery agency under the mayor’s control, TfL has been tasked with playing a major role in delivering on his manifesto pledge to boost the number of affordable homes available.
Local ‘micro-distribution’ centres are to be built on Transport for London land in a bid to boost the number of sustainable last mile deliveries made across the capital.