August 05, 2021 - 1456 views
Welsh Government has doubled its spending on social housing for rent, committing an initial £250 million in 2021 to 2022 for 20,000 new low carbon homes.
The ambitious plans will address a rising demand for housing and the climate crisis, providing good quality and affordable green homes to those who need them.
All homes will be built to bold new quality and environmental standards with the aim for some of the stock to go beyond net zero and produce more energy than they use. A further announcement on this is expected before the end of this month.
The Minister responsible, Julie James said: "We have doubled our money, committing a quarter of a billion pounds this financial year, so we can get on and build 20,000 new low carbon homes for rent.
"This goes beyond Welsh housing need estimates.
"We are building at scale to address the supply and demand imbalance, homelessness, the growing second homes crisis, and the climate emergency. We are building high quality homes to make a difference to people’s quality of living. And we are ensuring the decisions we make today are the right ones for our future generations."
