Thousands of affordable homes to be built in Edinburgh
Edinburgh is set for a major housing boost with plans for 16,000 affordable homes to be built over the next decade.
Six housing associations have pledged to match Edinburgh City Council's plan to build 8,000 homes in the capital.
Almost 150 households bid for every council and housing association home in Edinburgh, and its population is set to grow up to 30% over the next 20 years.
The council had already committed to delivering 3,000 affordable and low-cost homes at 22 sites in the city.
The housing associations, which are not-for-profit, are: Castle Rock Edinvar, Dunedin Canmore, Hillcrest, Home Group, the Link Group, and Port of Leith.
Cammy Day, Edinburgh City Council's housing leader, said: "We all know about the acute shortage of affordable homes in the capital, a shortage that's pushing house prices out of the reach of those on low to middle incomes, increasing rents in the private sector and creating a cost of living crisis that's putting real pressure on people across Edinburgh.
"This fantastic joint commitment will see the council and its partners build on their current successes and accelerate house building to provide the increase in affordable homes that Edinburgh so desperately needs.
"This joint commitment won't just deliver 16,000 homes - we expect it to generate benefits to the local and national economy of around £4bn, create over 3,000 jobs and bring in additional council tax revenue to help fund the delivery of essential services for the people of Edinburgh."
Alister Steele, from Castle Rock Edinvar, said: "Housing associations operating in Edinburgh are pleased to match the council's pledge and commit to delivering 8,000 much-needed affordable homes in Edinburgh."
Ewan Fraser, chief executive of Dunedin Canmore, said: "We are absolutely determined to play our part, working with the city council and other housing associations, in tackling the acute shortage of affordable housing in Edinburgh."