Question reference: S6W-26172
- Asked by: Rachael Hamilton, MSP for Ettrick, Roxburgh and Berwickshire, Scottish Conservative and Unionist Party
- Date lodged: 8 April 2024
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Current status: Answered by Paul McLennan on 29 April 2024
Question
To ask the Scottish Government how many applications for the Self-Build Loan Fund have been (a) received and (b) successful in obtaining funding since the Fund was established, and how much money it has allocated from the £6 million available.
Answer
A total of 101 applications have been made to date, including 2 for the same project, 1 of which was subsequently withdrawn. From those applications 49 loan offers have been made and accepted, with a total value of £7,389,567. This sum is higher than the value of the Fund due to its recyclable nature, whereby repaid loans can be re-used to fund more self-build projects during the life of the Fund.