Friday, 20 September 2013

Draft Scottish Government Budget; Impact - homes for rent and A9 Acceleration



'We have accelerated our £3 billion plans for the A9 between Inverness and Perth, which will start in 2015-16.'


"The Scottish Government has committed to provide at least 30,000 additional affordable homes over the five years to 2015-16, of which at least 20,000 will be for social rent, including 5,000 new council homes. All affordable homes delivered with direct Scottish Government support in the form of subsidy, loan, guarantee or waiver of receipts are counted towards the target. In July 2013 we announced an increase in grant subsidy of £16,000 for every new council and housing association property for social rent. We have also boosted our budgets for new affordable homes considerably and will now invest over £970 million over the three year period to March 2015. These steps will maintain momentum in the programme, and deliver vital support for construction and house building companies throughout Scotland."

DRAFT Budget HERE



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