Race on for £300m Scottish housing trust initiative

Aaron Morby 12 years ago
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Scottish councils are inviting bids from house builders and developers to build £300m worth of affordable homes.

It is the second wave of housing plans to be launched under the National Housing Trust initiative, which is using a more innovative approach to delivering council homes.

The scheme allows developers and local authorities to jointly fund homes with local authority loans to the scheme being underwritten by the Scottish Government.

The homes remain available for below-market rent for between five and 10 years, before being sold, with residents getting first priority to buy.

The first scheme were launched last year but demand was so high from councils and house builders that a larger second phase is being put out to bid.

Since then deals have been struck to build nearly 500 affordable homes for rent bringing in around £70m of funding which have protected around 800 jobs by unlocking doors to mothballed construction sites.

Miller Homes has just signed contracts to build 89 new NHT homes in Edinburgh.

This time round almost half of Scotland’s local authorities have signed up to phase two and are inviting applications from developers to participate.

To register an interest by 9 January and obtain any additional information visit the Public Contracts Scotland web site at www.publiccontractsscotland.gov.uk.

Councils and lots in phase two if NHT

  1. National Housing Trust for Aberdeen City Council
  2. National Housing Trust for City of Edinburgh Council
  3. National Housing Trust for Clackmannanshire Council
  4. National Housing Trust for Dumfries and Galloway Council
  5. National Housing Trust for Dundee City Council
  6. National Housing Trust for East Lothian Council
  7. National Housing Trust for East Renfrewshire Council
  8. National Housing Trust for Falkirk Council
  9. National Housing Trust for Fife Council
  10. National Housing Trust for Midlothian Council
  11. National Housing Trust for The Moray Council
  12. National Housing Trust for Renfrewshire Council
  13. National Housing Trust for Scottish Borders Council
  14. National Housing Trust for Stirling Council

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