Innovation and Investment Fund Success for Highlands Small Communities Housing Trust

23 January 2012

Highlands Small Communities Housing Trust have announced that three of their six bids to the Innovation and Investment fund have been approved by the Scottish Government.

 

News from the Highlands Small Communities Housing Trust
We are delighted to announce that three of our six bids to the Innovation and Investment fund have been approved by the Scottish Government.
In addition to this, the Highlands Small Communities Housing Trust (HSCHT) is selling land in Gairloch to Highland Council to enable their successful Innovation Fund bid for the building of eight new council houses.
The bids approved by the Scottish Government are for the following projects:
Helmsdale Community Housing Project - four units for social rent. HSCHT are acting as the lead co-ordinator in this exciting community led project. Working together with Helmsdale Development Community Group, Highland Council and Albyn Housing Association, the project will provide community owned rented homes for local people.
Self Build Partnering Project - 15 units for shared equity (over five years). This funding will provide a rolling short term finance option for self-builders to enable the provision of Low Cost Home Ownership (LCHO) through a Shared Equity Scheme. By attaching the Rural Housing Burden to the plots, the houses will be secured as affordable housing in perpetuity.
Lochaline - two units. Ardtonish Estate and HSCHT are working in partnership to provide a new type of affordable rent option to the area. The mid-market rent scheme will provide high quality housing that is low cost to run for the tenants. Best practice guidance will be drawn from the experiences gained on this project to assist other rural communities and estates in the future.

In addition to this, the Highlands Small Communities Housing Trust (HSCHT) is selling land in Gairloch to Highland Council to enable their successful Innovation Fund bid for the building of eight new council houses.

The bids approved by the Scottish Government are for the following projects:

Helmsdale Community Housing Project - four units for social rent. HSCHT are acting as the lead co-ordinator in this exciting community led project. Working together with Helmsdale Development Community Group, Highland Council and Albyn Housing Association, the project will provide community owned rented homes for local people.

Self Build Partnering Project - 15 units for shared equity (over five years). This funding will provide a rolling short term finance option for self-builders to enable the provision of Low Cost Home Ownership (LCHO) through a Shared Equity Scheme. By attaching the Rural Housing Burden to the plots, the houses will be secured as affordable housing in perpetuity.

Lochaline - two units. Ardtonish Estate and HSCHT are working in partnership to provide a new type of affordable rent option to the area. The mid-market rent scheme will provide high quality housing that is low cost to run for the tenants. Best practice guidance will be drawn from the experiences gained on this project to assist other rural communities and estates in the future.



 

News Source: Scotland:National Rural Network

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