The two organisations will work together and contribute towards the Scottish Government's 50,000 'affordable' homes target during the term of this Scottish Parliament.
Work is already underway on a £8 million project to develop 71 houses in Arbroath. Working alongside Persimmon Homes (North Scotland), the homes are being built as part of the Muirlands Park development at East Muirlands Road in Arbroath. A further 216 houses for sale will be developed by Persimmon at the site. The first homes are scheduled to be ready for tenants by May 2018.
Speaking after a visit to the site, Angus HA Director Bruce Forbes said: "We are delighted to be working in partnership with Cairn Housing Association. When we were planning this project, it was clear that building 71 houses ourselves would have taken up a significant part of our capacity in Angus to help deliver the Scottish Government's ambitious target for new homes to rent.
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"We were, therefore, encouraged by Angus Council to find a development partner who could extend provision by widening out the investors in the Angus market. This is where the partnership with Cairn started and we are pleased that it has now reached the stage of starting on site."
Cairn Chief executive, Jason MacGilp, added: "We are excited to be working with Angus Housing Association to provide much needed new homes for affordable rent in Arbroath. We are also delighted that we have been able to do this in partnership with Angus who have a proven track record as a developer and the knowledge of the local market.
"Like Angus, we are determined that we should play our part in helping to meet the Scottish Government's ambitious plans to transform social housing provision in Scotland over the next few years. We also hope to be able to extend our Development Partnership with Angus and we are excited by some future possible opportunities in both Angus and Dundee."
Image: Bruce Forbes of Angus HA with Jason MacGilp, Cairn's Chief Executive.
(LM)
