The County You Live, Work And Play
NLC Pledge To Invest In Housing Over The Next 5 Years
Despite crippling budget cuts, North Lanarkshire Council have declared they will embark on an ambitious plan to invest a quarter of a billion pounds in housing over the next five years.
The bold budget strategy, agreed at a council meeting on Thursday, will see a £57.3m investment in housing stock during the next financial year, increase capital investment by £20.5m to £257m over the next five years and build an extra 1150 new homes.
Councillor Sam Love, Convener of the council’s Housing and Social Work Services Committee said: “Our housing budget supports our vision to provide affordable, good quality homes within safe and sustainable communities for the people of North Lanarkshire.
“In allocating money to fund service improvements we’ve consistently listened and acted on the views of our tenants. Through consultation, tenants have told us they want homes improved and new council homes provided.
“This budget reaffirms our commitment to putting tenant priorities at the heart of our service.
“This budget not only allows us to maintain investment in our existing stock of over 36,000 homes, but also enhances our capital spending plans over the next five years which will lead to the modernisation of over 26,000 homes.”
The investment will see council house rents rise by an average of three per cent.
However, the council state that the rise would cost the average tenant an extra £1.73 per week and that their rents are substantially below the Scottish average, and the third lowest in Scotland.
The council rents are also significantly lower than those charged by other local housing providers.
Other housing charges agreed at committee include a three per cent increase for lock-ups, garage sites, parking bays, temporary accommodation and communal heating.