Additionally, COSLA will be continuing discussions with Scottish Government Housing officials on the consultative draft and other external partners at future meetings, given they will help inform COSLA’s finalised manifesto. 1 ANNEX 1 – COSLA’s Consultative Draft to Respond to Scotland’s Housing Challenges/Opportunities 1. Funding and Financial Models • Scottish Government must make a long-term commitment to provide grant funding that truly reflects increasing costs and provides multi-year funding certainty. • There should be a review of the housing finance model, considering international models and what options could be explored. • Continue to seek write-off of historic HRA debt to help provide further capacity for new supply. • Reform Funding Formulae: Review the SHIF (Strategic Housing Investment Framework) and amend as required to ensure this effectively supports affordable housing. • Stable Investment Environment: Work with the UK government to establish a pro-investment focus for social housing through revised fiscal rules and public accounting practices. • Blended Subsidy Models: Use blended subsidy approaches, combining different funding sources and mechanisms to support affordable housing development. • Funding Balance: Develop a clearer rationale for the balance of funding for new social housing between current tenants (through rents) and taxpayers. • A review of the way in which funding allocations are calculated to take into account local circumstances. • National resource should be provided with sufficient flexibility and should not be directive in a way that prohibits local delivery. 2.