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Extra funding for affordable homes in Scotland
The Scottish Government is giving an additional £80 million over the next two years to help councils deliver affordable homes across Scotland.
The extra investment in the Affordable Housing Supply Programme will mean local authorities will share a total of £1.3 billion between now and 2021.
This is to help achieve the Scottish Government’s aim to deliver 50,000 affordable homes, with 35,000 available for social rent, by that date.
Housing Minister Kevin Stewart said: “We believe that everyone should be able to live in a warm affordable home. Our investment and delivery of affordable housing is the biggest since devolution and I am determined to see it benefit communities across Scotland.
“This investment backs up our ambitions with financial certainty. We will continue to work in partnership with councils and housing associations to deliver quality homes to meet local needs.”
The extra affordable housing investment available for each local authority area is decided by a needs based formula agreed with COSLA in 2012.
In 2019-20 council areas will benefit from an extra £42 million on previously announced funding for affordable housing. In 2020-21, councils will benefit from an additional £38 million.
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