The announcement that more than £20 million is set to be put into new affordable housing in East Dunbartonshire has been applauded by MSP Rona Mackay.
East Dunbartonshire Council and house builders now have the opportunity to plan ahead with grant subsidies guaranteed, for the first time, for the next three years until 2021.
East Dunbartonshire is getting £6.5 million in 2017/18, £7.36 million in 2019/20 and £7.8 million in 2020/21, an investment of more than £21 million from the SNP government.
It is part of a £1.75 billion SNP government investment in affordable housing across Scotland.
Ms Mackay said: “East Dunbartonshire is in real need of new affordable housing developments, so this is excellent news from the Scottish Government.
“Property is very expensive in parts of the local authority area so this will help balance out that area for those people, especially younger couples, looking to buy or rent in their community.
“Increasing the supply of affordable homes is a key SNP commitment and plays a vital role in giving people a better standard of living and helps to build our economy — nationwide around 14,000 jobs will be created with this investment.”
ENDS
Notes for editors
Affordable housing covers homes for social rent, affordable rent and affordable home ownership.
The full breakdown of each Local Authority’s Long term Resource Planning Assumptions are available on the Scottish Government website.
The Scottish Government recently confirmed £422 million would be allocated to councils in 2017/18 as part of the Affordable Housing Supply Programme.
The latest Quarterly Housing Statistics covering the first year of the Affordable Housing Supply Programme are published by the Scottish Government.