800 new affordable homes in Scotland

Date:

Tuesday 6th July 2010

The Scottish government wants to speed up the construction of 800 new affordable homes in the north and north east of Scotland, and has invested around £13m towards the construction of the properties, as part of a £45m package, designed to stimulate the construction industry and reduce homelessness.

The money will go to registered social landlords in areas such as Highland, Orkney, Western Isles, and Moray among other places facing high homelessness levels.

Highland is to receive over £5m for he construction of new affordable homes, Moray and Aberdeen are each receiving £1.9m, Orkney is getting £1.1m, while Shetland is to receive £270,000 and Western Isles £500,000.

In Tayside, Perth and Kinross is getting nearly £1.14m for new build properties, while Dundee is getting £672,000 and Angus £322,000. A further £1.4m has been allocated to Argyll and Bute and £934,000 to Stirling.

Minister Alex Neil said: "This funding will be targeted at accelerating construction-starts and will enable at least 800 new homes to go on-site earlier than planned this year. It will inject renewed confidence in Scotland's building industry and help to tackle homelessness."

This fresh investment from the Scottish government will boost the affordable housing investment programme to £502m this year, with an aim to deliver over 7,100 new homes for rent and low-cost ownership.