Pictured: Cunninghame Housing Association's £7 million, 70 home development in Montgomerie Street under construction in Ardrossan, supported by a £5.8 million grant from the SNP Government.
Kenneth Gibson MSP has welcomed the announcement of a further £44.271 million of investment from the SNP Government in affordable housing for North Ayrshire.
NAC and house-builders will have the opportunity to plan ahead with grant subsidies guaranteed for the first time, for the three years from 2018 until 2021.
In 2018-19, £13.261 million will be allocated, rising to £15.03 million in 2019-20 and £16.007 million in 2020-21.
Kenneth Gibson said:
“The announcement that North Ayrshire will receive £44.271 million over the next three years provides the certainty that the housing sector needs to keep progressing and ensures we keep up the momentum to reach the SNP Government’s target of 50,000 new affordable homes across Scotland by 2021.
“Increasing the supply of affordable homes is a key SNP commitment and plays a vital role in helping to tackle poverty and inequality.
"Committing funding until the end of this session of the Scottish Parliament will help ensure that Scotland leads the way in building homes that are high-quality, efficient and affordable, and will strengthen our house-building sector and the estimated 14,000 jobs that the affordable housing supply programme supports each year.
“The SNP believes that everyone in Scotland deserves a warm, affordable home and with a huge number of affordable homes approved last year, we are making great progress towards that aim.”
ENDS