The Scottish government has pledged an extra £200m in funding for affordable housing ahead of the Scottish Budget in January.
The announcement will see the amount of interim funding available for the Affordable Housing Supply Programme in 2021-22 – which helps to deliver homes for social rent, mid-market rent, and shared equity – increase from £300m to £500m.
Communities secretary Aileen Campbell said the funding will help provide certainty in the post-COVID environment.
Campbell said: “COVID-19 has underlined the value of home as a safe place to live. This announcement shows our dedication to continue delivering affordable, warm, secure homes for the people of Scotland and to build on our achievement of delivering nearly 96,000 affordable homes since 2007.
“By significantly increasing the funding able to be committed now, we are building on our record £3.5bn commitment over this Parliament and our plans for further capital investment laid out recently in our draft Infrastructure Investment Plan.
“This will help the economy and the construction sector to recover from the pandemic while ensuring we maintain momentum in the delivery of social and affordable homes to those who need them.”
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