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Glasgow City Council Receives 20% Increase in Funding to Address Housing Emergency

Strategic Insights

— 2 min read

Glasgow City Council has announced a significant increase in funding for the Affordable Housing Supply Programme (AHSP), with an additional 20% allocated to support the construction of new affordable homes. This funding boost aims to address the city's housing emergency and regenerate neighborhoods across Glasgow. Councillor Ruairi Kelly, Convener for Housing, Development, and Land Use, emphasized the importance of maximizing efforts to deliver homes quickly, despite increased pressures on budgets due to demand, labor costs, and material costs.

Key Takeaways:

  • The funding increase of 20% will support the construction of around 1600 new properties already programmed in, with a further 850-plus to be approved this year.
  • In the past financial year, the AHSP funded the completion of almost 1000 new homes and the start of work on a further 750.
  • The majority of AHSP funds are used to build new affordable homes, with some allocated for acquiring private sector properties for housing associations and transforming non-residential buildings into homes.
  • 90% of new approvals for social rent homes were for homes for social rent, including 59 wheelchair-adaptable properties and over 100 three and four-bedroom family homes.
  • A further 175 properties were either acquired or brought back into use to support homeless households.
  • This year's programme will see around £104 million allocated for over 1150 starts, 940 completions, and 870 approvals, with almost £12 million to acquire more vacant and void properties.
  • The Affordable Housing Supply Programme allows the council to support housing associations to build more social and affordable homes of all sizes.
  • Glasgow City Council and their RSL partners will be in a position to accelerate the programme should more funding become available.

Statistics:

  • 1000 new homes completed in the past financial year.
  • 750 new homes started in the past financial year.
  • 1600 new properties to be constructed with the increased funding.
  • 850-plus new approvals to be approved this year.
  • 90% of new approvals for social rent homes.
  • 59 wheelchair-adaptable properties approved for social rent.
  • Over 100 three and four-bedroom family homes approved for social rent.
  • 175 properties acquired or brought back into use to support homeless households.
  • £104 million allocated for over 1150 starts, 940 completions, and 870 approvals in this year's programme.
  • £12 million allocated to acquire more vacant and void properties.

Sources:

  • The funding announcement from Glasgow City Council.
  • The press release from UK Government.
  • A statement from Councillor Ruairi Kelly, Convener for Housing, Development, and Land Use at Glasgow City Council.

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