The Scottish Government and Scottish Futures Trust (SFT) worked closely with housebuilders, councils and lending institutions to develop the original NHT model for councils and developers. With the second round of procurement nearly complete, deals have been secured with 13 developers for the delivery of over 1000 homes across 10 council areas. Hundreds of households are already enjoying living in their new NHT homes, and the initiative is supporting over 1000 jobs in the construction industry and wider economy.
In response to the demand for more from the public and private sectors, another round of procurement of the original NHT model has been launched with Aberdeen, Dundee, Edinburgh and Fife Councils. All procurement information, contracts and updates will be available from SFT website.
We continue to work with those RSLs who submitted project proposals to the NHT for RSLs initiative. And NHT has also inspired others to look for new ways to boost affordable housing supply. For example, Stirling Council has signed contracts to deliver up to 175 homes through a local variant of NHT, and The City of Edinburgh Council has launched its On Lending to RSLs funding scheme (which is a derivative of the NHT model).