Affordable Housing Plan

A five year plan that will set the direction for investment in affordable housing in Fife has been set.

The Strategic Housing Investment Plan (SHIP) for 2015/16 - 2019/20 was agreed at the last committee meeting and will have a direct contribution to the delivery of the Council’s target of 2,700 affordable homes by 2017.

Fife is required to submit this plan to the Scottish Government to set out the affordable housing investment priorities for the Council and Housing Associations for the next five years and show where just over £38 million of Scottish Government grant funding for affordable housing will be prioritised.

The Council's own budget for affordable housing is in the region of £93 million, which it uses alongside the Scottish Government grant, but an over provision of £16.5 million has also been built in to the plan should additional budget or grant funding become available.

Cllr Judy Hamilton, Executive Committee Spokesperson for Housing & Building Services commented:

"The SHIP sets out our ongoing programme of delivering affordable in housing in Fife. The Council remains committed to providing these much needed homes and welcomes the additional resources identified by the Scottish Government. While the majority of these homes will be built and owned by the Council, the extra funding will allow housing associations to contribute a significant proportion across Fife."