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£35 million allocated to South Ayrshire Council over next three years

£35 million allocated to South Ayrshire Council over next three years

More than £35 million is being allocated to South Ayrshire Council in a major Scottish Government commitment to stimulate investment in affordable housing. For the first time, details have been confirmed of each local authority’s full funding allocation for affordable housing over the next three years. The move is designed to help local authorities and house-builders plan their investment and provide certainty on the amount of funding available until 2021. In 2018-19, £10.503 million will be allocated in grant funding to South Ayrshire Council – rising to £11.883 million in 2019-20 and £12.678 million in 2020-21. Announcing the funding, Minister for Social Security Jeane Freeman said this would support the government’s ambitious commitment of delivering 50,000 affordable homes by 2021. She said: “We are ensuring that South Ayrshire has homes that are high-quality, efficient and affordable. “Today, we are announcing to local authorities how much money they’ll have to invest in affordable housing until the end of this Parliament. It means they can plan these new affordable homes now - with the certainty that the funding will increase year-on-year. “This is also an important signal to the house-building sector in Scotland and demonstrates our commitment to the industry and the estimated 14,000 jobs our affordable housing supply programme supports each year.” Background Affordable housing covers homes for social rent, affordable rent and affordable home ownership.

The full breakdown of each Local Authority’s Long term Resource Planning Assumptions are available on the Scottish Government website.

The Scottish Government recently confirmed £422 million would be allocated to councils in 2017/18 as part of the Affordable Housing Supply Programme 


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