Hackney Borough Investment Plan: A Vision for the Future

Hackney, a dynamic and diverse borough in East London, is undergoing significant transformation. To guide this evolution, Hackney Council has developed a comprehensive Investment Plan, outlining strategic priorities and attracting investment to improve the lives of its residents. This plan focuses on fostering inclusive growth, tackling inequalities, and ensuring a sustainable future for the borough.

A core pillar of the Investment Plan is housing. Recognizing the acute housing crisis in London, Hackney aims to deliver genuinely affordable homes for its residents. The Council is actively pursuing new development opportunities, partnering with housing associations and developers to increase the supply of social housing, council homes, and shared ownership options. Regeneration projects like the Woodberry Down estate demonstrate this commitment, creating mixed-tenure communities with improved amenities and green spaces.

Another key focus is economic development. Hackney is a hub for creative industries, tech startups, and independent businesses. The Investment Plan seeks to nurture this entrepreneurial spirit by providing support for local businesses, attracting inward investment, and creating job opportunities for residents. Initiatives include business support programs, skills training initiatives, and infrastructure improvements to enhance connectivity and accessibility.

Education and Skills are crucial for ensuring that Hackney residents can participate fully in the borough’s economic growth. The Council is investing in its schools and colleges, improving educational outcomes and providing young people with the skills they need to succeed. This includes initiatives to address the skills gap, support apprenticeships, and promote lifelong learning opportunities.

Regeneration and Infrastructure are vital components of the plan. Investment is being directed towards improving public spaces, upgrading transport infrastructure, and creating a more sustainable environment. Projects such as the Hackney Wick masterplan aim to transform underutilized areas into vibrant, mixed-use communities with improved access to green spaces and community facilities. Investment in sustainable transport options, such as cycling infrastructure and electric vehicle charging points, also features prominently.

Addressing inequalities is a central theme. Hackney faces significant challenges related to poverty, health inequalities, and social exclusion. The Investment Plan includes targeted interventions to support vulnerable residents, improve access to healthcare, and promote social inclusion. This involves working in partnership with community organizations, charities, and other stakeholders to deliver services that meet the specific needs of local communities.

Finally, Sustainability is at the heart of Hackney’s vision for the future. The Council is committed to tackling climate change, reducing carbon emissions, and creating a greener, more resilient borough. This includes investment in renewable energy, energy efficiency measures, and sustainable waste management. Protecting and enhancing green spaces, promoting sustainable transport, and reducing air pollution are also key priorities.

The Hackney Borough Investment Plan is a ambitious framework that aims to create a fairer, more prosperous, and sustainable future for all its residents. By strategically targeting investment and working in partnership with the community, the Council aims to transform Hackney into a borough where everyone has the opportunity to thrive.