US EditionJohn Swinney announces plan for national housing agency
The Scottish Government plans to invest up to £4.9 billion to deliver 36,000 affordable homes through More Homes Scotland, aiming to reduce duplication and attract private investment.
- On Thursday, First Minister John Swinney announced More Homes Scotland to deliver 141,000 affordable homes with up to £4.9 billion investment.
- Ministers say Scotland faces a housing emergency, with recent slowdown and 31,064 affordable homes completed as of September, alongside an 8% drop in completions.
- Swinney described the body's role as designed by Mairi McAllan, councils, and the Scottish National Investment Bank to enhance efficiency and attract private investment.
- An update will be given to the Scottish Parliament in March, with hopes the agency is fully operational by the 2028-29 financial year, while Swinney said More Homes Scotland would start operating in 2027-28 if the SNP returns after May's Holyrood election.
- This year, the Budget provides £926 million to the Affordable Housing Supply Programme, and since 2007 ministers say 141,000 affordable homes have been supported, with the Scottish National Investment Bank investing more than £130 million.
10 Articles
10 Articles
Evening Standard
John Swinney calls for intervention to increase number of affordable homes
The First Minister says another 36,000 such homes will cost up to £4.9 billion.
Scottish Government to launch 'More Homes Scotland' to boost housing delivery
The Scottish Government plans to set up a national housing agency called More Homes Scotland, aiming to speed up housebuilding across Scotland. The agency is expected to start operating from 2027-28 and be fully functional by 2028-29, depending on the Scottish Parliament election result. It will focus on large-scale affordable housing, rural and island homes, releasing land, and enabling infrastructure work to unlock stalled sites. The agency…
Scotland to launch national housing agency to speed up builds
Shutterstock SCOTLAND is to establish a new national housing agency to speed up and enable the delivery of all house types in the country, first minister John Swinney has announced. The executive agency will be called ‘More Homes Scotland’ and is expected to start operating from 2027-28 and be fully functional in 2028-29, subject to the outcome of the Scottish Parliament election. The initiative will focus on a number of key areas – large-scale …
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