The project receives £ 16 million to build hundreds of energy efficient houses at affordable prices in Edinburgh

A project received a subsidy of 16 million pounds to build hundreds of houses at affordable prices, energy efficient in Edinburgh.

Financing will allow the City of Edinburgh Council to build 847 new houses, including 387 houses at affordable prices, in the Grandon area.

The Scottish government has announced that the money, from the Fund for Housing Infrastructure, is part of a larger package of financial support developed by the Grace Waterfront government.

The financing comes after a national emergency for housing in May last year has been declared.

The Edinburgh Council became the first in Scotland to declare an emergency for housing in November 2023, amid a “severe deficiency”.

The leader of the City of Edinburgh Council, Jane Meagher, welcomed the financing, saying that he comes at a “critical” moment in the middle of the city in progress.

“This financing is part of a wider financing package that the Council and the Scottish Government continue to develop, allowing the next development phase in Grandon to start later this year,” she said.

Meagher added that financing will record an additional “very necessary” new housing development, along with improved infrastructure and an innovative low carbon district heating system.

“Grandon’s regeneration will not only help approach the housing deficit, but it will also contribute to our wider goal of becoming a net zero until 2030 and, by incorporating the latest technologies, residents will benefit from modern, comfortable, energy efficient,” the Meagher continued.

Prime Minister John Swinney has visited the development to announce the financing and see how the project progresses.

Swinney said that the “impressive development” of the new houses, the improved infrastructure and the low carbon district heating solutions transform the Grandont area.

“Investments in the public sector in the first phase of Granton Waterfront are estimated to use another 200 million investment pounds in the private sector in private homes and the low carbon heat network,” he added.

The Prime Minister said that development is an “excellent” example of how the Scottish government’s investments already deliver in the four priorities of his government – to eradicate the poverty of children, to increase the economy, to improve public services and to protect the planet.

“The budget 2025-26 has allocated more than 7 billion pounds for infrastructure and 768 million pounds to accumulate actions on the delivery of affordable housing,” he said.