According to Scottish Housing News, Glasgow’s minority SNP Administration proposes £1 billion plan for 1 000 affordable homes! £1 million per house?

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(c) eveningexpress.co.uk

Reported in Scottish Housing News, the councillors will vote tomorrow (Thursday) on a five -year plan based on £600 million from the council and a similar amount from private investors. The report states that the scheme:

‘Will contribute to the continuing regeneration of Glasgow’s neighbourhoods. It will facilitate significant investment in the construction industry with additional associated benefits in the form of jobs and training opportunities and benefits to small and medium enterprises.’

http://www.scottishhousingnews.com/18154/glasgow-councillors-consider-1bn-project-for-1000-new-homes/

The council contribution will of course come from the Scottish Government’s £3 billion budget to build 50 000 new affordable homes in this session. Regular readers will already know that Scotland is building affordable homes at twice (perhaps more) the rate of the English government. See:

Scottish Government increases supply of affordable housing and builds at more, perhaps much more, than twice the rate as in England

So, £3 billion for 50 000 houses or £1 billion for 1 000 houses. Somebody’s got their sums wrong and it’s no me this time! I’m putting my name down for one of those in Glasgow. Seriously though, I’m guessing it’s a headline writer’s error and it might be 10 000 houses.

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5 thoughts on “According to Scottish Housing News, Glasgow’s minority SNP Administration proposes £1 billion plan for 1 000 affordable homes! £1 million per house?

  1. Lollysmum November 1, 2017 / 1:17 pm

    It’s actually 10,000 houses John

    Like

  2. bjsalba November 2, 2017 / 7:37 am

    I assume they have or will be correcting the error with more that a minor correction box on the bottom left hand corner of the next to last page of the next issue?

    Like

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