London Mayor. Tonic Housing has purchased 19 homes at Bankhouse, in Vauxhall, Lambeth, after being awarded a £5.7 million Community Housing Fund loan by Sadiq Khan.
The community aims to ensure elderly LGBTQ+ people aren’t pushed back into the closet during their later years.Sales of the one and two bedroom homes, which overlook the River Thames, are due to begin this spring.
The existing development provides assisted living for elderly residents, and also features an on-site restaurant, floating garden and roof terrace.The London Mayor said: ‘London is an open, diverse, inclusive city and I’m delighted to see these long-held plans come to fruition with the help of this loan and my Community-led Housing Hub.