Over the next two years, councils will benefit from an extra £80 million on top of previously announced funding for affordable housing.
This means that local authorities will share a total of £1,300 million from 2019-2021 to help achieve the SNP Government’s ambitious aim to deliver 50,000 affordable homes, including 35,000 available for social rent, from 2016-2021.
North Ayrshire Council will receive £16,112,000 for affordable housing in 2019-20 and £17,093,000 in 2020-21. This constitutes a total investment in North Ayrshire of £33,205,000 over the next two years.
The £80 million additional investment will be shared between local authorities using a needs-based formula agreed with the Convention of Scottish Local Authorities (COSLA) in 2012.
Housing Minister Kevin Stewart MSP 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.”
Kenneth Gibson MSP added:
“In its twelve years in government, the SNP has already delivered more than 82,000 affordable homes across Scotland, including 55,920 for social rent. [if !supportLineBreakNewLine] [endif]
“We recall too that between 2003 and 2007 the Labour/Lib Dem Coalition built only six council houses in all of Scotland.
“I am pleased that the SNP Government has provided additional resources to support the growth of affordable housing in North Ayrshire, and across Scotland to deliver on our ambitious housing targets.”