Falkirk Council

Alex Neil Falkirk Council’s Local Government Pension Scheme Fund has awarded fund manager Hearthstone Investments £30 million to invest in social and affordable housing in Scotland.

Almost 100 new homes are to be built in the Falkirk area in a move that will also provide an income for the local authority's pension fund. Members of Falkirk Council’s executive committee agreed to bring forward an Affordable Housing Grant to help fund new developments.