Funds awarded to bring empty homes back into use
A number of empty homes in East Lothian are to be renovated and brought back into use as affordable housing with the help of new funding being made available by the Scottish Government.
Successful bids, announced by Deputy First Minister Nicola Sturgeon last week, were submitted to the Empty Homes Loan Fund by housing associations, councils and house builders.
Over the next 10 years, loans worth £4.5m will be made available to 17 projects aimed at bringing 438 homes back into use.
A total of £450,000 was awarded to the Home Again project for the renovation of 56 homes in the Borders, Fife and East Lothian.
With around 25,000 empty homes across Scotland that are classed as long-term empty, the fund will help private owners renovate empty homes in exchange for them being made available as affordable housing for at least five years.
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Wednesday 19 June 2013
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