Question reference: S5W-30179
- Asked by: Tom Mason, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 23 June 2020
-
Current status: Answered by Kevin Stewart on 6 July 2020
Question
To ask the Scottish Government how much it has invested in charitable bonds in each of the last four years to support grants for registered social landlords.
Answer
The charitable bond programme was first introduced in 2013-14 as an innovative investment model for the affordable housing sector. It makes available development finance to Registered Social Landlords for the provision of new affordable housing, whilst also generating capital funds in the form of charitable donations which are used as housing grant.
The following table shows the level of charitable bonds from 2016-17 to 2019-20 and the charitable donations generated.
Year | Charitable Bonds | Charitable Donations |
2016-17 | £32,269,650 | £8,944,610 |
2017-18 | £24,743,700 | £6,713,637 |
2018-19 | £37,870,750 | £8,870,723 |
2019-20 | £88,239,300 | £25,239,229 |
Total for 4 Year | £183,123,400 | £49,768,199 |