More affordable housing approved
The number of affordable homes in Scotland has increased by 26% on the previous year, bringing the total number of approvals over the year to 8,067.
Official statistics published this week show that during 2015-16, the number of new house builds started, across the public and private sector, rose to 16,910, a 4% increase on the previous year and the highest number of starts since 2008-9.
Housing Minister Kevin Stewart said the figures showed good early progress towards delivering the Scottish Government’s ambitious target of delivering 50,000 affordable homes over the next five years.
Speaking ahead of a visit to a new housing development in Edinburgh which will provide 236 affordable homes in the city, Mr Stewart said: “We have an excellent track record on housing. The number of affordable home completions from April 2007 to end March 2016 was 60,704 – on average 24% more per year than the 38,015 delivered between April 2000 and March 2007.
“In the previous session of Parliament, we exceeded our target of delivering 30,000 affordable homes, and our bold and ambitious More Homes Scotland approach will build on that achievement.
“We have committed to investing over £3 billion to deliver at least 50,000 affordable homes over the next five years. This is accompanied by increased housing subsidy levels and a new Rural Housing Fund to boost the supply of affordable rural housing.
“We’ve also helped stimulate growing confidence in the private housing market and supported people into home ownership, in particular through our £500 million Help to Buy (Scotland) scheme.”