Affordable homes plans outlined
Plans to increase the number of low-cost homes built in Scotland have been outlined by the Scottish Executive.
Communities Minister Margaret Curran has explained how she will spend the extra £100m to be made available over the next three years. The package of measures includes details on providing more rented housing and trying to improve the prospects for first-time buyers. The minister also wants to look at ways of boosting housing investment. Ms Curran explained the new measures during an address to the Council of Mortgage Lenders Scotland annual conference in Edinburgh. Finance Minister Andy Kerr announced that the Scottish Executive will spend an additional £100m on affordable housing by 2007-2008 during his budget address at Holyrood on Wednesday.
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