Glasgow City Council is making a significant financial commitment to tackle the city’s housing emergency, with over £115 million available in the current financial year to build hundreds of new social and affordable homes.
The funding, which represents a 20 per cent increase on the previous year, will also support the regeneration of neighbourhoods across the city.
The investment will support the construction of around 1600 new properties already programmed in, with a further 850-plus to be approved this year. The funding is provided through the Affordable Housing Supply Programme (AHSP), which is also used to acquire private sector properties for housing associations and to transform non-residential buildings into homes.
Last year, the programme funded the completion of almost 1000 new homes and the start of work on a further 750. New figures show that 90 per cent of the new approvals were for homes for social rent, including 59 wheelchair-adaptable properties and over 100 three- and four-bedroom family homes.
Councillor Ruairi Kelly, Convener for Housing, Development and Land Use, said the city is maximising its efforts to deliver homes as quickly as possible. He added that the council's social house building programme is "by far the best in the UK" and that the AHSP allows the council to support housing associations to build more homes of all sizes, which is "changing lives and transforming communities."
This year's programme will see around £104 million allocated for over 1150 starts, 940 completions, and 870 approvals. Almost £12 million will also be used to acquire more vacant and void properties to support homeless households.
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