Sadiq Khan, Mayor of London has announced a funding boost of £11.6m for London Boroughs in this year’s budget for councils to improve their streets and local neighbourhoods.
London’s 33 boroughs will be allocated new funds to support transport projects in the capital. The money will be used to reduce road danger, transform local environments, encourage cycling and walking, and improve accessibility and air quality.
Record funding levels will reach £237m for London boroughs to spend on local projects this year overall. London's Boroughs are responsible for delivering projects that support the Mayor's Transport Strategy to improve London’s streets and local environment.
Alongside the funding already committed to Mini-Hollands schemes, funding from TfL now includes a new funding stream – the multi-million pound Liveable Neighbourhoods scheme specifically designed to enable more walking and cycling in every London borough. This will provide £114m to improve local environments across London – and initial funding has already been awarded to Ealing, Greenwich, Hackney, Haringey, Havering, Lewisham and Waltham Forest.
The funding directly to boroughs is a key part of the Mayor's Healthy Streets vision of a city that is more pleasant to live and move around in – delivering transport, town centre and public space improvements to benefit the lives of Londoners.
This money is available because business rates returns provided to the Mayor by the capital’s local authorities are higher than first expected. This funding is for 2018/19 only.
The share of the allocation for each borough will be decided using the existing fair formula for borough funding.
“ The Mayor’s extra funding boost is yet another step in the right direction towards enabling more of us to get about on foot and by bike, and a very welcome investment to make London a vibrant and healthy city. ”
The Mayor of London, Sadiq Khan, said:
“Over the course of the next five years, we’ve committed an unprecedented £1bn for boroughs to improve local neighbourhoods across London - with a focus on schemes that encourage walking and cycling, making our high streets cleaner and more enjoyable places to spend time.
“The extra £11.6m funding I’m announcing in this year’s budget means more funding to get projects off the ground this year, with boroughs having more money available to them than any year under the previous Mayor. We will continue to work closely with boroughs to ensure these schemes are the very best they can be, and truly transform quality of life for Londoners right across the city.”
Matt Winfield, London Director for Sustrans, walking and cycling charity, said:
“The Mayor’s extra funding boost is yet another step in the right direction towards enabling more of us to get about on foot and by bike, and a very welcome investment to make London a vibrant and healthy city.
“Londoners want and need better streets and cleaner air, and we look forward to working with Boroughs to help create a healthier, more active and less polluted London.”
Penny Rees, Head of Network Sponsorship at TfL, said:
“This extra funding, on top of the already record levels, will help London’s boroughs transform their roads into safer, more pleasant and thriving areas. We’re committed to delivering the Mayor’s ambition for good growth and healthy streets for all Londoners and it is by working closely with the boroughs that we’ll be able to achieve this.”