We invested £304m in new homes, £90m in our existing homes and £8m in the Peabody Community Foundation. Our investment in existing homes included £33m on building safety capital works (bringing spend to £84m over the last 3 years).
Total turnover for the year was £630m with available debt funding at 31 March 2021 of £4.2bn.
The value of our development pipeline is £1.4bn and we are on track to start 7,000 new affordable homes for London by 2023 as part of our strategic partnership with the Mayor of London. We completed 1176 new homes, a 12% increase on the previous year, with 88% being affordable tenures. 540 new homes for Social and London Affordable rent, and 489 for shared ownership and intermediate rent.
We invested £304m in new homes, £90m in our existing homes and £8m in the Peabody Community Foundation. Our investment in existing homes included £33m on building safety capital works (bringing spend to £84m over the last 3 years).
Total turnover for the year was £630m with available debt funding at 31 March 2021 of £4.2bn.
The value of our development pipeline is £1.4bn and we are on track to start 7,000 new affordable homes for London by 2023 as part of our strategic partnership with the Mayor of London. We completed 1176 new homes, a 12% increase on the previous year, with 88% being affordable tenures. 540 new homes for Social and London Affordable rent, and 489 for shared ownership and intermediate rent.
norman lebrecht
December 10, 2020
America’s oldest consevatory, the Peabody Institute of the Johns Hopkins University in Baltimore, is wrestling with historic issues of slave ownership. Intensive research has just revealed – shock – that Hopkins was a slave owner. Now they’re looking into George Peabody.
George Washington owned slaves all his life but no-one has yet got around to renaming the capital.
Universities, though, are in the frontline of rewriting history.
Here’s a note from the Peabody dean, Fred Bronstein:
To Members of the Peabody Community:
I am writing to follow up on the message from President Ron Daniels and JHU Medicine leadership sent today. As we now know, recently discovered documents reveal that Johns Hopkins owned and kept enslaved people in his household, at least up through 1850, according to census documents uncovered by university researchers. This very disturbing discovery places the assumed and oft repeated history of Johns Hopkins as an a