The homes will be let as mid-market rent, targeted at households on low to moderate incomes, with the remaining homes at Clermiston to be retained by the council for social rent.
Edinburgh Living gives us another way to build much-needed, additional affordable housing in the city. It also allows us to take forward council-led mixed use developments so that we can deliver more affordable homes ourselves...Cllr Kate Campbell, Housing Convener, The City of Edinburgh Council
The proposal to set up the Edinburgh Living partnership formed part of the housing programme in the Edinburgh and South East City Region Deal, signed in August 2018.
The initial homes for Edinburgh Living will be delivered as part of the council’s housebuilding programme, which is targeting 20,000 new affordable homes over the next 10 years, as part of a joint commitment for the city with housing association partners.
Cllr Lezley Marion Cameron, vice convener for housing and economy at the City of Edinburgh Council, said: “I warmly welcome completion of the first 44 new homes by Edinburgh Living, and the contribution this makes towards success in reaching the number of new homes required to help meet the unmet and growing demand."
Kevin Stewart MSP added: “I am delighted to visit Clermiston to launch Edinburgh Living and view the first 22 homes for mid-market rent completed as part of this initiative."
Christa Reekie, commercial director at the Scottish Futures Trust, said: “Our collaboration with the City of Edinburgh Council has created ‘Edinburgh Living’, a joint venture that will deliver 1,500 much-needed, affordable and market rent homes in Edinburgh..."