New funding could bring more than 400 empty homes back into use for communities across Scotland, Deputy First Minister Nicola Sturgeon said today.
17 housing associations, councils and house builders submitted successful bids for the Scottish Government’s Empty Homes Loans Fund.
The fund will help private owners renovate empty homes in exchange for them being made available as affordable housing for at least five years.
There are around 25,000 empty homes across Scotland that are classed as long-term empty located in urban, rural and island communities.
Ms Sturgeon said:
‘Empty homes are a blight on many communities across Scotland. Standing empty these properties are no use to anyone. Renovated, they could provide much needed new homes for hundreds of people.
‘That is why more needs to be done to make better use of these existing assets.
‘Bringing empty homes back into use makes sense because it is a cost-effective way of increasing the