Affordable housing approvals up 14% to 11,680 in latest year
New government statistics reveal there were 11,677 affordable homes approved in 2017/18, 14% more than the previous year and the third consecutive annual increase since 2014/15.
This includes increases in affordable rent approvals (which have more than doubled, up by 1,433 homes), and affordable home ownership approvals (up by 5% or 92 homes), with a decrease in social rent approvals (down by 2% or 124 homes).
The figures are included in the latest Quarterly Housing Statistics for Scotland, which presents the latest quarterly information on new build housing, affordable housing supply, and local authority right to buy sales.
The affordable housing supply statistics are used to inform the Scottish Government target to deliver 50,000 affordable homes, including 35,000 homes for social rent, over the period 2016/17 to 2020/21.
The Scottish Government’s Affordable Housing Supply Programme covers a range of types of affordable housing (social rent, affordable rent and affordable home ownership), and relates to off-the-shelf house purchases and rehabilitations as well as new build homes.
The number of homes approved represents the number of units of affordable housing in which funding has been granted by the Scottish Government.