en.Wedoany.com Reported - The Edinburgh local government has announced that it will invest over £207 million in the current fiscal year to improve and expand council housing across the city. The City of Edinburgh Council housing, homelessness, and fair work committee has approved the Housing Revenue Account (HRA) capital investment plan for 2026/27.
The plan includes a commitment of over £111 million for housing construction in 2026-27, supporting the development of approximately 4,275 new affordable homes over the next five years. This is the first year of investment in a major initiative totaling £1.3 billion over five years to provide stable housing and address the housing emergency. Specific projects include replacing the residential designs at Oxcars Court and Inchmickery Court, advancing new developments in Murrayburn, Greendykes, Burdiehouse, and Powderhall, as well as the community regeneration of Granton Waterfront.
The budget specifically allocates £18.3 million for acquiring housing from private developers to increase the supply of stable housing, and an additional £2.5 million for renovating vacant properties to a lettable standard. Nearly £70 million will be used to support the refurbishment of high-rise residential buildings across the city as part of the council's renovation plan, covering major repairs, fire safety improvements, and window replacements. £45 million is allocated for investment in low-rise residential areas, focusing on essential upgrades to kitchens, bathrooms, and windows, as well as repairs and energy efficiency works as part of mixed-tenure improvement efforts.
Councillor Tim Pogson, convener of the City of Edinburgh Council housing, homelessness, and fair work committee, stated that Edinburgh became the first city in Scotland to declare a housing emergency in 2023 and remains committed to addressing this issue. The HRA investment plan demonstrates determination through a range of projects to increase the housing stock and raise standards in existing residential areas. Like towns and cities across the country, Edinburgh faces significant challenges related to housing shortages, rising living costs, and population growth. Through investment, it is believed that the impacts of these issues can and will be mitigated, ensuring everyone has a safe place to live.
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