Plans have been unveiled to invest £163 million into building 'affordable' homes in the Scottish Borders.
The new five-year Strategic Housing Investment Plan (SHIP) will be discussed at a council meeting on Tuesday, 29 November.
The document identifies how local housing needs and priorities will be addressed, including which housing projects are anticipated to be delivered by 2022.
With between £8.6m - £15m potentially available via the Scottish Government's Affordable Housing Supply Programme, along with private sector borrowing by registered social landlords, it is estimated almost 1,200 new 'affordable' homes could be built.
The draft Local Housing Strategy 2017-2022 estimates 348 new houses should be delivered each year in the Scottish Borders, 128 of which should be affordable. In the first two years of the new SHIP, 449 'affordable' homes are estimated for delivery across the Scottish Borders, including Kelso, Lilliesleaf, Duns, Eyemouth and Oxton.
Cllr Frances Renton said: "At this time, providing various issues are resolved and funding secured, there is real optimism that over the next five years we will see a significant number of affordable homes built right across the Scottish Borders, potentially more than double the number delivered in the previous five-year period.
"This will provide vital accommodation for local people and families, enabling them to live and work in their communities, while also providing a welcome boost to the local building industry."
(LM/CD)
Time and date
CONSTRUCTION DIRECTORY
Construction News
23/11/2016
£163m To Be Invested In Building 'Affordable' Scottish Borders Homes
Latest Construction News
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...