The latest phase of Falkirk Council’s house building programme has been completed.
The first tenants will move into new homes at Symington Drive opposite St Mungo’s High School next week. The first part of the development has delivered 40 properties and another 27 will be completed on the site by the end of October.
Since its launch in 2008 the new build scheme has seen 132 houses, ranging from three and four apartment flats to five apartment houses finished across the district. The Scottish Government meets a third of the cost of each new build with the council’s housing investment fund paying the rest.
Over the next three years £88 million will be spent improving and maintaining existing stock, providing a further 242 new homes for rent and funding a ‘buy back’ scheme. The bulk of the spend will be financed by the council through rents with the balance from house sales and government grants.
Housing spokesperson Councillor Gerry Goldie said: “We have to be cautious that the people who are footing the bill through their rents are not put under excessive pressure, but we are doing what we can with the resources available to meet the demands for social housing. Of all the projects we have to borrow for, this is one of the most important.”