Last year the Welsh Government announced a commitment to deliver an extra 20,000 affordable homes by 2021, including supporting the construction of more than 6,000 homes through the Help to Buy – Wales scheme.
In 2016-17, local authorities reported 2,547 additional affordable housing units had been delivered across Wales, an increase of 6 per cent on the previous year. These figures exclude homes delivered via Help to Buy-Wales. 1,864 homes were delivered through Help to Buy during 2016-17 which, when added to the affordable homes stats released today, highlight the significant progress toward our 20,000 target in the first year.
Rebecca Evans said:
“Ensuring that people have a safe, warm and secure home is one of our key priorities. I am committed to increasing the housing supply in Wales and have an ambitious target of building 20,000 affordable homes during this term of government. I am therefore pleased to welcome today’s significant progress.”
Welsh Registered Social Landlords (RSLs) continued to make the largest contribution to additional affordable housing in Wales, delivering 93 per cent of all additional affordable housing provision over the past year (2,378 units).
The Minister added:
“I am grateful to social landlords for the important role they play. I am proud of the positive and constructive relationship we have with the RSL sector in Wales and our joint commitment to work together for the benefit of tenants.”
The number of affordable housing units delivered with capital grant funding increased by 3 per cent during 2016-17 to 1,810 units, whilst the number delivered without capital grant funding was up by 16 per cent to 737 units.
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