According to Scottish Government sources, eight Scottish housing associations, will have access to an additional £70 million lending facility offered by the European Investment Bank through the Housing Finance Corporation. This is an alternative private lending source helping to support new affordable home developments and jobs in the house building sector. Of the eight associations, two, Home Scotland and Sanctuary are currently active in Dundee.Councillor Laurie Bidwell said:
"I hope that some of this additional investment will come to Dundee providing a boost to building affordable homes and through this creating and sustaining skilled jobs in the construction industry."
