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30/11/2020

Increased funding for affordable housing in Scotland

Words: Laura Edgar
Costs / Shutterstock_195196565

Scottish communities secretary Aileen Campbell has committed a further £200 million to help housing providers and the construction sector to deliver affordable housing.

The commitment comes ahead of the Scottish Budget in January.

This interim funding is for the Affordable Housing Supply Programme in 2021-2022, increasing the amount available from £300 million to £500 million.

The Scottish Government said it would “help provide certainty” for local authorities, housing associations and the construction sector as they work on recovering from the Covid-19 pandemic.

Campbell commented: “Covid-19 has underlined the value of home as a safe place to live. This announcement shows our dedication to continue delivering affordable, warm, secure homes for the people of Scotland and to build on our achievement of delivering nearly 96,000 affordable homes since 2007.

“By significantly increasing the funding able to be committed now, we are building on our record £3.5 billion commitment over this Parliament and our plans for further capital investment laid out recently in our draft Infrastructure Investment Plan. This will help the economy and the construction sector to recover from the pandemic while ensuring we maintain momentum in the delivery of social and affordable homes to those who need them.”

The Affordable Housing Supply Programme helps to deliver homes for social rent, mid-market rent and shared equity.

Image credit | Shutterstock

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