A Fit For The Future Investment Fund

We propose to create a Fit For The Future Investment Fund.

It will draw earmarked resources from half of the Scotland Act borrowing powers, more than £200 million, as well as from action to reduce the Scottish Government’s annual underspend.

We will use the fund to support three priorities:

• The National Infrastructure Project to create more warm homes – giving grants and loans to households and businesses to cut their energy bills;
• More rapid expansion of super-fast broadband and modern mobile phone coverage into remote areas by trebling the community broadband fund;
• Increase the amount of affordable housing being constructed in Scotland.