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£50 million pot unveiled for building new homes in Tayside and Fife

£50 million pot unveiled for building new homes in Tayside and Fife

Councils in Tayside and Fife are to get nearly £50 million next year to build affordable homes.

The Scottish Government announced yesterday the share local authorities would get from a £406m pot.

The 2016-17 allocations for Courier Country are Dundee (£10.7m), Angus (£5.4m), Perth and Kinross (£11.7m) and Fife (£19.7m)

The total funding, which includes an extra £166m to be deployed centrally, aims to provide between 8,000 and 9,000 affordable homes next year.

It is part of the Government’s pledge under the Affordable Housing Supply Programme (AHSP) to deliver 50,000 homes by 2021, with 70% for social rent.

Housing minister Margaret Burgess said: “Councils and registered social landlords are crucial to delivering the ambitious target of at least 50,000 affordable homes across Scotland over the lifetime of the next Parliament.

“This funding boost, together with our recent increase to housing subsidies, demonstrates our commitment to helping them achieve it.”

She added: “It is estimated that the 50,000 Affordable Housing Supply Programme will support approximately 14,000 full-time equivalent jobs a year in the construction and related industries in Scotland over the next five years.

“This Government is determined to increase the pace and scale of development to deliver more homes across all tenures. We have listened to our partners and are putting in place measures to support the increase in the supply of homes with our More Homes Scotland approach.”

Scottish Labour has said they will build 60,000 affordable homes over the next five years, 45,000 of which will be council or housing association homes.