Affordable homes funding is welcome, but investment must rise with increasing costs
Scottish Government confirms over £3.2 billion for local authorities’ resource planning assumptions for 2021–2022 to 2025–2026.
The Scottish Federation of Housing Associations has welcomed the Scottish Government’s confirmation of over £3.2 billion for local authorities’ resource planning assumptions for 2021–2022 to 2025–2026. Scotland’s housing associations and co-operatives will receive their share of this investment to deliver affordable homes. (1)
In total, the Scottish Government has committed over £3.4 billion for the delivery of affordable homes during this parliament (2).
Sally Thomas, SFHA Chief Executive, said:
“We welcome the investment announced by the Scottish Government for this parliament as it is an acknowledgement that investing in the social housing sector and building affordable homes is a vital part of Scotland’s recovery from Covid.
“However, housing associations and co-operatives also need a commitment from the government that grant subsidy will rise in line with costs over the next five years. With costs of construction rising and social landlords expected to meet new higher building and energy standards, this commitment will be critical to ensuring affordable homes can be built to the scale, type and quality needed as well as in the locations required, with rents that remain affordable.”
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For further information, please contact SFHA Communications Manager Kirsten Walker on m: 0788 788 8348 email: kwalker@sfha.co.uk
Visit our website at www.sfha.co.uk
Notes to editors:
- https://www.gov.scot/news/affordable-homes-funding/
- https://www.gov.scot/policies/more-homes/affordable-housing-supply/
- SFHA is the national membership body for, and voice of, Scotland’s housing associations and co-operatives.