Chamber and committees

Unless evidence starts to suggest that an earlier review of benchmarks is required, the next set of affordable housing investment benchmarks will be published in the fourth quarter of the current financial year. These will then come into effect at the start of next financial year.

We are aware of the global issues affecting construction and their impact on the pace of delivery of the Affordable Housing Supply Programme. The submission of Scottish Social Housing Tender Returns is an important tool in helping inform the Scottish Social Housing Tender Price Index and the annual review of investment benchmarks. The latest Scottish Social Housing Tender Price Index was based on analysis of ten projects and results are provisional. We rely on partners providing timely and good quality Housing Tender Returns to enable comprehensive analysis to be undertaken. We operate a flexible grant system and continue to work closely with partners to ensure the delivery of affordable housing as quickly as practically possible.

A table showing the number of homes and projects that have been approved from 29 October 2021 to 23 August 2022 using the new benchmarks, broken down by baseline benchmark type for projects and homes which have an applicable benchmark has been placed in the Scottish Parliament Information Centre (Bib. Number 63602).

A table showing the number of homes and projects that have been submitted for approval in each month, from 29 October 2021 to 23 August 2022, broken down by baseline benchmark type and whether above, at, or below benchmark has been placed in the Scottish Parliament Information Centre (Bib. Number 63601). To note that the table includes some projects still under active appraisal.

Since 2010-11 the Scottish Government has recycled all receipts raised from shared equity sales.

Recycled receipts in each year are as shown in the following table.

We do not hold information centrally on whether income from shared equity investments relates to tranching up or open market sales.

Providing the information requested prior to 2017 could only be answered at disproportionate cost. Following a change to the way we recorded shared equity sales from 2017-18 we are able to provide the information requested in the following table.

I refer the member to the answer to S6W-10636 on 20 September 2022. All answers to written Parliamentary Questions are available on the Parliament's website, the search facility for which can be found at https://www.parliament.scot/chamber-and-committees/written-questions-and-answers

Use of existing stock, whether purchased on the open market or rehabilitated, has and will continue to have a role in delivering affordable homes towards the target in line with strategic local priorities. We do not hold forecasts to 2032. Local authority Strategic Housing Investment Plans set out the funding priorities for affordable housing in their area for the next five years. These may include local authorities’ rationale for supporting use of existing stock and some estimates but will rely on properties becoming available to purchase.

Housing to 2040 is Scotland’s long-term strategy for housing and is designed to be agile and adaptable to 2040. A governance process has been established to support sector-wide delivery of the strategy, recognising the crucial roles of stakeholders across the housing system and beyond to delivering the Housing to 2040 vision. A Strategic Board will give strategic oversight, provide accountability on progress and support the government as we develop an appropriate monitoring framework for the strategy.

I refer the member to the answer to question S6O-01331 on 7 September 2022. The answer to the Oral parliamentary question is available on the Parliaments website, the Official Report can be viewed at:

https://archive2021.parliament.scot/parliamentarybusiness/report.aspx?r=13875