Glasgow City Council has approved a £600m investment plan to build 10,000 affordable homes over the next five years.
The annual Strategic Housing Investment Plan (SHIP) was signed off by the council last week and marks the starts of a rolling programme to build 9,975 houses by 2022/23, with the first schemes scheduled to begin in April 2018.
CN understands the developments will be built by six to seven contractors, with a mix of national and local firms carrying out the work.
The exact number of houses built annually and over the whole period could vary, as funding depends on the money released by the Scottish Government under its Affordable Housing Supply Programme.
Glasgow City Council developed the plan in consultation with members of the Glasgow and West of Scotland Forum of Housing Associations and registered social landlords (RSLs)
The Wheatley Group, Glasgow’s largest housing association, with which the council signed a strategic agreement in 2016, was also part of the consultation.
Glasgow’s housing plan was proposed in line with the Scottish Government’s More Homes Scotland initiative, which aims to deliver 50,000 affordable homes by 2022 – with 35,000 of those social rented.
The Glasgow system will see RSLs in the city apply for money from the council before appointing contractors and managing the work.
Last month Glasgow council announced Keepmoat as the preferred bidder on the £625m regeneration of the city’s Sighthill estate, which will see more than 600 houses built on the site.
The draft SHIP has now been sent to the Scottish Government.