Brian Adam, MSP for Aberdeen Donside, has welcomed the announcement from the Scottish Government that Aberdeen City Council is to take part in phase two of the National Housing Trust initiative.
50 homes will be built in Aberdeen jointly funded by developers and the City Council with local authority loans to the scheme being underwritten by the Scottish Government.
Aberdeen City Council also applied for funding in the first phase of the scheme for 50 homes.
Mr Adam said:
“Today’s announcement is another step towards tackling Aberdeen’s housing shortage and high rental prices.
“I hope that developers will take up this challenge and work with Aberdeen City Council to deliver high quality affordable homes to residents in the city.
“These extra 50 homes will be rented out, under market value, for five to 10 years before being sold, with tenants given priority to buy.
“This scheme will target those who cannot currently afford to buy but hope to do so in the future.
Mr Adam continued:
“The National Housing Trust is another innovate scheme from the Scottish Government, working with partners in local government and private enterprise, designed to promote capital investment as our budget is cut by the Westminster Government.
“It has already seen 600 homes approved across the country and I look forward to these addition 50 homes being built in Aberdeen in the future.”
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For More Information visit: http://www.scotland.gov.uk/News/Releases/2011/12/20111611
