Albyn Housing Society to deliver homes for local communities by 2021
We are set to embark on an ambitious plan to deliver up to 750 new affordable homes in the region by 2021 – with potential for even more.
Last year we set a target of building 500 homes over a five-year period, but our Board has now committed to creating 750 new homes and we will aim to increase that number by a further 250.
The Scottish Government has set a national target of building 35,000 social rented homes throughout the life of the current parliament, and we have taken up the challenge.
We will build 750 social rented homes and will also look to add further mid-market rent and LIFT shared equity homes while continuing to deliver Help to Buy on behalf of the Scottish Government.
Minister for Local Government and Housing Kevin Stewart, said: “Albyn Housing Society’s commitment to deliver 750 new affordable homes for social rent by 2021 is welcome news for people in the Highlands.
“Making sure everyone in Scotland has access to good quality housing is a vital part of the Scottish Government’s drive to boost economic growth and tackle inequalities in our communities.
“The work of housing associations like Albyn will help us meet our ambitions of delivering 50,000 more affordable homes across Scotland over the next five years, which is backed by an investment of more than £3 billion.”
By 2021 we hope to have an estate of over 3,750 social rented homes stretching from Newtonmore to Thurso and Dyke to Applecross, an increase of almost 30 per cent.
Douglas Russell, our Board Chair, said: “We know the major housing pressures that exist in so many Highland communities and we are keen to do our part in helping them over the coming years.
“We are confident that we will be able to deliver this ambitious programme with the support of our major partners, including the Scottish Government, Highland Council, as well as lenders. All of this will be done while protecting the interests of our current and future tenants, which is of the utmost importance to us.”
We are working with key partners to identify the communities in which the homes will be built. They are likely to include projects in Inverness, Nairn, Dingwall, Alness, Drumnadrochit and Inverdruie.
Our announcement on the plans for new affordable homes has been welcomed by Highland Council.
Councillor Audrey Sinclair, Chair of the Planning, Development and Infrastructure Committee, said: “I welcome the important contribution that Albyn is making to the delivery of more affordable housing across the Highlands. Having more housing, particularly for young families, is an important factor in keeping communities sustainable and viable.”