Scottish Government Funds 847 Affordable Homes in Edinburgh

The Scottish Government has allocated nearly £16 million to regenerate the Granton area in Edinburgh, enabling the construction of 847 new homes, including 387 affordable units. This initiative, supported by First Minister John Swinney, aims to address the ongoing housing crisis in the city while promoting low-carbon infrastructure. Meanwhile, in Northern Ireland, a new rental scheme will introduce 300 homes at below-market rates to assist those earning too much for social housing but unable to afford private sector rents. This Intermediate Rent initiative, led by Maple & May, will offer homes at least 20% below market rates and is expected to begin construction next year, with the first units available by late 2026. Additionally, in Barrie, Ontario, a proposed development for 456 rental apartments includes a commitment to 10% affordable housing, reflecting ongoing efforts to meet local housing needs. These projects across different regions highlight a concerted effort to enhance housing accessibility and affordability.