City to invest £550million in building more homes
GLASGOW could benefit from almost 8,5000 new affordable homes over the next five years.
Plans approved on Thursday at Glasgow City Council outline the anticipated housing growth in the city, for the years 2019/20 until 2023/24.
The Strategic Housing Investment Plan (SHIP) outlines Glasgow’s priorities around affordable housing in the city to create an investment delivery plan for this type of development.
Based on Scottish Government resource planning assumptions, the SHIP could deliver investment of over £557million that would see almost 8,500 new affordable homes built in those five years.
Councillor Kenny McLean, city convener for neighbourhoods, housing and public realm, said: “The approval of Glasgow’s SHIP is great news for the city, as it will see thousands of new homes for people and families being built.
“The SHIP is important as it not only guides investment into affordable housing where it is most needed in Glasgow, but also improves the design, sustainability and the range of type of homes to be delivered in the city over the next five years.”
The SHIP was created following consultation with housing associations and other registered social landlords, as well as other housing stakeholders across the city.
The council also committed to working with social landlords and private developers to ensure that commitments to provide affordable housing are followed through in time.
Plans for new affordable housing are part of wider targets for the city’s housing, which include promoting regeneration, investing in new-build stock and tackling fuel poverty, energy efficiency and climate change in Glasgow.
The council now hope plans go some way to tackling homelessness and bring community benefits.