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.’
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:
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.