The initiative will give London boroughs funding to buy back council homes sold into the private market through the Right to Buy programme.
3,156 new council homes funded by the Greater London Authority (GLA) were started in 2020/21, a figure exceeded just once in 2019/20.
The government has announced new Right to Buy reforms that will give councils more freedom to develop longer-term housebuilding programmes.
Liverpool City Council is set to approve 105 new homes at Denford Road in Dovecot at a cabinet meeting today.
Sunderland City Council is working with North East builders Tolent on the scheme in Shiney Row in Houghton-le-Spring.
6,748 homes have been lost so far while 6,791 more will be lost if approved redevelopment schemes go ahead, Sian Berry said.
Doncaster Council plans to update its housing strategy and speed up the delivery of planned new homes from 10 years to five years.
The development at Albert Place in Washington will see the construction of four new bungalows designed for people with physical disabilities.
The LGA has warned that council housing waiting lists could double to two million households next year as a result of COVID-19’s impact on the economy.