A project bringing 600 new houses to Aberdeen has been given a multi-million pound loan boost.
The Scottish Government has pledged £7.9 million to the scheme in Grandhome.
It is the first phase of the Granhome Trust’s initiative which has planning permission in principle for a community of 4,700 homes, including commercial, retail, leisure and public space.
The Scottish Government’s housing infrastructure fund has up to £50 million of grant and loan funding available in 2016-17 to help unlock what it described as “strategically important” housing sites across the country.
Aberdeen City has seen its affordable housing programme allocation increased to £10.9 million this year.
Kevin Stewart, Aberdeen Central MSP and Scottish Government Housing Minister, visited Grandhome today to see the work starting. He said: “I am really pleased the first loan from this important Scottish Government fund is being used to unlock a key housing site.
“The first phase of 600 homes will include 90 affordable units.
“Today’s announcement underlines the government’s determination to increase the pace and scale of development to deliver more homes.
“I look forward to further loans and grants being granted to projects across Scotland.
“We have listened to our partners and are putting in place measures to support the increase in the supply of homes across all tenures, support jobs in the construction industry and encourage inclusive growth in the wider economy.
“We have committed to deliver 50,000 more affordable homes, with 35,000 available for social rent, over the next five years, backed up with investment of more than £3 billion.
“Projects such as this one today marks another step on the road to delivering that pledge.”