Hous­ing sub­si­dies in­creased

The Oban Times - - Farming/Property -

HOUS­ING sub­si­dies are be­ing in­creased for af­ford­able homes for rent be­ing de­liv­ered by coun­cils and reg­is­tered so­cial land­lords (RSLs) over the next three years.

Sub­si­dies help coun­cils and RSLs ac­quire land or build­ings and to build, con­vert or im­prove hous­ing for so­cial and af­ford­able rent. Rec­om­men­da­tions on in­creas­ing sub­sidy lev­els made by an ex­pert group, which in­cluded hous­ing as­so­ci­a­tions and coun­cil rep­re­sen­ta­tives, have been agreed in full and will now be im­ple­mented for all new grant ap­pli­ca­tions.

Grant sub­si­dies have been in­creased by up to £14,000 for each new home with in­cen­tives be­ing of­fered for those homes achiev­ing the higher greener stan­dard.

This means for RSLs in city and ur­ban ar­eas, the sub­sidy goes up from £58,000 to £70,000, and for coun­cil homes from £46,000 to £57,000.

Hous­ing Min­is­ter Mar­garet Burgess said: ‘ I would like to thank the group for its work on the re­port.

‘ We are aware of the pres­sures be­ing faced by coun­cils and hous­ing as­so­ci­a­tions, and sup­port their rec­om­men­da­tions on in­creas­ing sub­si­dies.

‘ Hous­ing is at the heart of our am­bi­tions to cre­ate a fairer and pros­per­ous coun­try and coun­cils and reg­is­tered so­cial land­lords will play a crit­i­cal role in re­al­is­ing that.

‘ We have a strong record on hous­ing, hav­ing ex­ceeded our tar­get to de­liver 30,000 af­ford­able homes in this Par­lia­ment.

‘ We also started a new gen­er­a­tion of coun­cil house build­ing and have taken steps to safe­guard so­cial hous­ing for the fu­ture by abol­ish­ing the right to buy.

‘Our new tar­get will be to de­liver at least 50,000 af­ford­able homes, which will be backed by over £3 bil­lion of in­vest­ment.

‘ The new tar­get is a 67 per cent in­crease in af­ford­able hous­ing sup­ply, with 70 per cent of the new tar­get be­ing for so­cial rent.’

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