More than £130 million is set to be invested in affordable housing across the North-east.

The Scottish Government has allocated £53.5m to Aberdeen City Council over the next three years.

In 2018-19, £16.027m will be given to the local authority, rising to £18.133m in 2019-20, and £19.346m in 2020-21.

Aberdeenshire Council is set to receive £84.5m in a move that is designed to help local authorities and housebuilders plan their investment.

The local authority has been granted £25.313m in 2018-19, £28.638m in 2919-20 and £30.554m in 2020-21.

Housing Minister Kevin Stewart said the cash would help support the Government’s target of delivering 50,000 affordable homes by 2021.

He said the money would ensure Aberdeen and Aberdeenshire would have homes that are “high-quality, efficient and affordable”.

He added: “We are announcing to local authorities how much money they’ll have to invest in affordable housing until the end of this Parliament.

“It means they can plan these new affordable homes now – with certainty the funding will increase year-on-year.

“This is also an important signal to the housebuilding sector in Scotland and demonstrates our commitment to the industry and the estimated 14,000 jobs our affordable housing supply programme supports each year.”

It is the first time details have been confirmed of each local authority’s full funding allocation for affordable housing over the next three years.

The Scottish Government recently confirmed £422m would be allocated to councils in 2017/18 as part of the affordable housing supply programme.