Published: Tuesday, 22nd November 2016
At a meeting of our Executive Committee on Tuesday 29 November, councillors will consider a five-year housing plan for the area, which could see £163 million invested into affordable housing.
The Strategic Housing Investment Plan (SHIP) identifies how local housing needs and priorities will be addressed, including which housing projects are anticipated to be delivered over the five years to 2022. This includes those being delivered with assistance of the Scottish Government’s Affordable Housing Supply Programme.
Funding sources for affordable homes
Between £8.6million and £15m per year from the Scottish Government may be available to the Scottish Borders up to 2022, and in addition to this funding and private sector borrowing by registered social landlords, it is estimated that almost 1,200 new affordable homes could be delivered between 2017 and 2022 by ourselves and our partners.
Councillor Frances Renton, our Executive Member for Social Work and Housing
“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.”
All the local registered social landlords are committed to this ambitious programme and investment of this unprecedented scale in the Scottish Borders would not only deliver homes for local people but would also create employment in the construction sector and provide wider economic benefits during both the build phases and once families move in.
Delivery of new homes
Following a detailed Housing Need and Demand Assessment, the draft Local Housing Strategy 2017-2022, which sets out the vision and priorities for the future of housing and all housing related services across the Scottish Borders, estimates that 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, a total of 449 affordable homes are estimated for delivery across the Scottish Borders, including Kelso, Lilliesleaf, Duns, Eyemouth and Oxton.
From 2012/13 to the end of 2015/16 a total of 467 new affordable homes have been built, through a variety of funding mechanisms, in excess of the previous targets.
The covering report to the committee and proposed SHIP are available online.