Hebridean Housing Partnership (HHP) announced its future spending plans this week and is aiming to build 30 new houses per annum over the next five years, whilst also investing in the current housing stock by spending £20 million over the same period on heating upgrades, windows, doors, new kitchens and bathrooms.
Speaking following a meeting of the HHP Board, Chairman David Blaney, said that he is very pleased to announce the Board’s commitment to a strategy of growth following a successful negotiation with its funder the Royal Bank of Scotland to increase its funding facility from £10 million to £15 million.
Mr Blaney said: “HHP has invested a total of £55 million in existing housing and new housing developments throughout the islands since Comhairle Nan Eilean Siar transferred its housing stock in 2006.
“We are now entering a new investment phase. Housing services will continue to be our main focus.
“However HHP is also looking to diversify into related areas of activity and is engaging with interested local parties to develop student accommodation in the Western Isles.”