March 19, 2025 - 695 views
The Welsh Government has made £90 million in low interest loans available to Registered Social Landlords (RSLs) to deliver more homes for people across Wales.
The loans will help the housing sector with the escalating costs of debt and support the delivery of 277 affordable homes, with 119 to be delivered this Senedd term, and improvement works to 4,397 existing homes.
Improvement works will help bring homes up to the Welsh Housing Quality Standard, making sure they are affordable to heat and fit for the future.
The low-cost loans range between £5 million and £10 million and highlight the Welsh Government’s continued commitment to achieving value for money and maximising all avenues to increase affordable housing supply.
The Welsh Government successfully introduced the loan scheme in 2023-24, issuing more than £75 million in loans to RSLs to bring forward over 450 additional homes in the social sector.
