Market Leads & Opportunities
Falkirk Council approves £332 million housing investment
Falkirk Council has announced it is to invest £332 million in its housing stock over the next five years.The local authority plans on delivering more than 600 new-build homes for rent in locations across the constituency, including in Hallglen, Bonnybridge, Denny, Banknock, Polmont, Bainsford, Stenhousemuir, Torwood and Langlees.In 2021/22 alone, the council stated that it will spend £23.4 million on improvements to around 5,000 existing properties – with this including improvements to the fabric of buildings, re-roofing, roughcasting and replacing kitchens and bathrooms.A further £7.9 million will be spent on energy efficiency works, with around 1,100 properties each year benefiting from new heating systems at a cost of £2 million as well as heating upgrades to three high rise blocks. Further work will also see a replacement to cladding at Glenfuir Court.The local authority said that it will continue its programme of ‘buy backs’ of former council homes, with plans to purchase around 80 properties a year at a cost of £6 million.
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