Programme for first year of multi-million housing investment approved

Councillors have agreed a programme for this financial year to spend more than £207m on improving and expanding council housing across the city.

On Monday (1 June) members of the Housing, Homelessness and Fair Work Committee approved the 2026/27 Housing Revenue Account (HRA) capital programme for investment, which is part of the Housing Revenue Account Budget Strategy 2026/27 to 2035/36.

The programme includes a commitment of over £111m for housebuilding in 2026-27, contributing to the development of around 4275 new affordable houses over the next 5 years. This is the first year of a major intervention to address the housing emergency through the allocation of a total £1.3 billion to deliver settled homes over five years.

Amongst the housebuilding projects being progressed under the programme are: the design of homes to replace Oxcars Court and Inchmickery Court; new developments at Murrayburn, Greendykes, Burdiehouse and Powderhall; and neighbourhood redevelopment at Granton Waterfront.

The budget is inclusive of £18.3m allotted to acquiring homes from private developers to help boost settled accommodation while £2.5m will be spent bringing empty homes up to a lettable standard.

Almost £70m will support improvements across the city’s high-rise blocks, from significant refurbishment as part of the Council’s retrofit programme to fire safety improvements and window replacements, while £45m is allocated for investment in the Low-Rise estate. This will focus on essential upgrades to kitchens, bathrooms and windows alongside repairs and energy efficiency works as part of Mixed Tenure improvement work.

Councillor Tim Pogson, Housing, Homelessness and Fair Work Convener, said:

In 2023 we became the first city in Scotland to declare a Housing Emergency and we’re still committed to tackling this head-on. The Housing Revenue Account investment programme demonstrates our dedication through a range of ambitious projects to boost our housing stock and improve the standards of our existing estate.

Like cities and towns across the country we’re facing huge challenges in terms of housing shortages, the cost of living and a rising population. By investing wisely I’m confident that we can and will lessen the impact of these issues and make sure everyone has a safe place to live.

An additional report to Housing, Homelessness and Fair Work Committee, Housing Delivery Strategy – Update, provides further information on the housebuilding programme.
 

Published: June 2nd 2026