SNP Government Pledge Millions for Inverclyde Housing
SNP MSP and MP Stuart McMillan and Ronnie Cowan have welcomed an announcement by the SNP Scottish Government that will see a further £29.6 million invested in building affordable housing in Inverclyde.
The commitment put forward will see all of Scotland’s 32 councils know now what their share of around £1.754 billion in grant subsidy over three years to 2021 will be allowing them to plan the affordable housing in their area.
In 2018-19, £532 million will be shared amongst local authorities – rising to £591 million in 2019-20 and £630 million in 2020-21.
Commenting, Stuart McMillan MSP said:
“The announcement by the SNP Scottish Government to invest a further £1.75 billion in affordable housing is another step forward as the SNP continue to stand up and deliver for Scotland.
“Increasing the supply of affordable homes is a key commitment – and vital to our ambition of tackling poverty and inequality in our society.
“The commitment ensures that Scotland leads the way in building homes that are high-quality, efficient and affordable as well as strengthening Scotland’s house-building sector and the estimated 14,000 jobs that the affordable housing supply programme supports each year.”
“Today’s announcement will provide the certainty that Inverclyde and the sector need to accelerate this progress and ensure we keep up this momentum to reach our goal of 50,000 new affordable homes in Scotland by 2021.”
Ronnie Cowan MP added:
“I’m delighted to learn that Inverclyde will receive further investment of £29.6m, from the Scottish Government, for building affordable housing.
“This funding will be will be vital in improving the housing stock in the area and will play a role in improving life chances and lifting people out of poverty
“I hope local businesses and companies will be included in the procurement process and will benefit from the opportunities this funding will bring.”