50,000 new affordable homes to be built in £3bn pledge

// HA News

Housing Minister Margaret Burgess has today promised to deliver 50,000 new affordable homes by 2021, under a new £3bn pledge.

The commitment follows yesterday’s announcement by Scottish Government that they have exceeded their five-year target to deliver 30,000 affordable homes. The new target sees a 67% rise in affordable housing supply, with around two thirds of the promised 50,000 homes to be allocated for social rent.

These extra homes intend to support around 20,000 jobs per year and generate over £10 billion in economic activity throughout the course of conservative Parliament.

Speaking to MSPs during a housing debate in the Scottish Parliament, the Housing Minister said ”We had a target of building 30,000 affordable homes and have exceeded that.”

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

“A key commitment is to increase the supply of affordable homes still further. Our target will be to deliver at least 50,000 affordable homes, which will be backed by at least £3 billion of investment.”

“Housing is a key priority for this government and is fundamental to tackling poverty. We are determined to work with the entire housing sector to ensure that we deliver more quality affordable homes that people and our communities need.”

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