The plans will provide local residents with more than 700 affordable homes, consisting of council and housing association properties.
The draft Strategic Housing Investment Plan 2017/18 – 2021/22 will be presented to Renfrewshire Council's Housing and Community Safety (HACS) Board on Wednesday 23 August, and board members are expected to give the green light for a four-week consultation on the draft plan.
If approved, the public, housing associations, developers and other key partners will be asked for their views on the proposals. Copies of the draft plan will then be sent to local tenants' and residents' associations, as well as the 15 housing associations working in Renfrewshire.
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The final plan will be published by the end of 2016 as part of the Local Housing Strategy.
Commenting on the proposed investment, Councillor Tommy Williams, Convener of Renfrewshire Council's Housing and Community Safety Policy Board, said: "Good Quality, affordable housing helps to improve people's quality of life. It is essential to achieving the council's priorities on regeneration, economic growth and prosperity and has a positive impact on health and wellbeing.
"Renfrewshire Council is committed to providing high-quality homes that people can afford to rent and buy, but the draft Strategic Housing Investment Plan isn't just about building more houses. It is about creating homes that people want to live in, in places where they want to live.
"We are already well on track to delivering our target of 1,000 new affordable homes by 2020 and I fully expect that the final version of the Strategic Housing Investment Plan will take us beyond that."
(JP)
