We've updated our Privacy and Cookies Policy
We've made some important changes to our Privacy and Cookies Policy and we want you to know what this means for you and your data.
Funding boost for low-cost homes in Scotland
The Scottish government has released a total of 拢45m to accelerate the construction of at least 800 new low-cost homes across Scotland.
The package is made up of 拢31m in consequentials - cash passed to the Scottish government as a result of the previous UK government's March Budget.
And 拢14m has been freed up from the existing housing investment programme.
Last week First Minister Alex Salmond announced a 拢120m project to build 1,000 affordable homes across Scotland.
The latest release of funds will be used to stimulate the country's house-building industry and tackle homelessness.
Increased supply
A large share has gone to 10 local authority areas identified as facing the greatest homelessness challenges, including the Western Isles, Orkney and Moray.
Glasgow is the biggest recipient with 拢9m, while Highland is to receive more than 拢5m. Edinburgh will get 拢3.5m, with Moray and Aberdeen each receiving about 拢1.9m.
Other areas allocated with funds include Perth and Kinross (拢1.13m), Falkirk (拢1m) and the Scottish Borders (拢684,000).
The Scottish government said the additional funding would bring the Affordable Housing Investment Programme (AHIP) for 2010-11 to 拢502m, delivering more than 7,100 homes for rent or low-cost ownership.
Jonathan Fair, chief executive of 91热爆s for Scotland, said he was pleased to see the additional funding was being invested in the current year.
Housing Minister Alex Neil is to travel across Scotland over the next month to hear suggestions from homeowners, tenants, elected officials and housing association staff on ways to support increased housing supply.
Top Stories
More to explore
Most read
Content is not available