{"id":70032,"date":"2020-01-14T10:49:37","date_gmt":"2020-01-14T10:49:37","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=70032"},"modified":"2020-01-14T10:49:37","modified_gmt":"2020-01-14T10:49:37","slug":"housing-in-wales","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/housing-in-wales\/70032\/","title":{"rendered":"Housing in Wales gets \u00a3175m investment boost"},"content":{"rendered":"<h2>Housing minister, Julie James has announced that investment in housing in Wales will reach \u00a3400m in 2020-21, thanks to a \u00a3175m budget boost from the <a href=\"https:\/\/gov.wales\/\" target=\"_blank\" rel=\"noopener noreferrer\">Welsh Government<\/a><\/h2>\n<p>This brings the total invested by the Welsh Government in building new homes to \u00a32bn over this Assembly term.<\/p>\n<p>Providing more social housing is a top priority for the Welsh Government and the new injection of capital funding for housing in the budget this financial year includes an extra \u00a348m for the social housing grant programme, taking total investment in new social housing to \u00a3223.3m.<\/p>\n<h3>The Welsh Government\u2019s draft budget allocates:<\/h3>\n<ul>\n<li>\u00a350m to fund housing loans, assisting <a href=\"https:\/\/www.gov.uk\/government\/publications\/current-registered-providers-of-social-housing\" target=\"_blank\" rel=\"noopener noreferrer\">Registered Social Landlords<\/a> with development plans for new social housing and to help start to decarbonise existing homes<\/li>\n<li>\u00a335m to fund Help to Buy Wales, helping more people to access homeownership<\/li>\n<li>\u00a35m of capital funding will be invested in the land release fund, which is focused on developing public land for use for social housing<\/li>\n<li>\u00a310m to support Welsh <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-procurement-agreement\/66525\/\" target=\"_blank\" rel=\"noopener noreferrer\">modern methods of construction suppliers<\/a>.<\/li>\n<\/ul>\n<p>In addition, extra funding will also be targeted towards building more low-carbon homes, helping to respond to the climate emergency, as part of a \u00a3140m package to ensure a greener Wales.<\/p>\n<h3>Housing is a key priority<\/h3>\n<p>Housing minister, Julie James said: \u201cHousing is a key priority for the Welsh Government, and this is reflected in our draft budget for 2020-21.<\/p>\n<p>\u201cWe want everyone to live in a home that meets their needs and supports a healthy, successful and prosperous life. Good-quality homes are the bedrock of good communities and form the basis for individuals and families to flourish in all aspects of their lives.<\/p>\n<p>\u201cI\u2019m delighted we are investing an additional \u00a3175m in housing schemes from April, taking total investment in new housing to \u00a3400m. This will help ensure we build more of the social and affordable homes that people need across Wales.\u201d<\/p>\n<h3>The Innovative Housing Programme<\/h3>\n<p>Additional capital funding of \u00a325m will extend the <a href=\"https:\/\/gov.wales\/innovative-housing-programme\" target=\"_blank\" rel=\"noopener noreferrer\">Innovative Housing Programme<\/a>, responding to emerging evidence that modular and other modern methods of home construction can successfully deliver near zero-carbon homes. Around 450 extra climate-friendly social homes will be built across Wales as a result.<\/p>\n<p>The Innovative Housing Programme supports those building affordable and market housing to develop new models of house building, building on the success seen over the last two years and reflects the Welsh Government\u2019s sustained commitment to supporting real change.<\/p>\n<p>Between 2016 and 2021, the Welsh Government will have invested \u00a32bn in housing, recognising the importance of good, quality housing to support thriving communities.<\/p>\n<p>This will help deliver the Welsh Government\u2019s commitment of 20,000 new <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/new-council-homes-cardiff\/57181\/\" target=\"_blank\" rel=\"noopener noreferrer\">affordable homes across Wales<\/a> by 2021.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Housing minister, Julie James has announced that investment in housing in Wales will reach \u00a3400m in 2020-21, thanks to a \u00a3175m budget boost from the Welsh Government.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[666,830,13038,283,276,572,656,916,570],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-70032","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-affordable-housing","8":"tag-build-to-rent","9":"tag-building","10":"tag-finance","11":"tag-government","12":"tag-housebuilding","13":"tag-housing","14":"tag-modern-methods-of-construction","15":"tag-social-housing"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing in Wales gets \u00a3175m investment boost<\/title>\n<meta name=\"description\" content=\"Julie James has announced investment in housing in Wales will reach \u00a3400m in 2020-21, thanks to a \u00a3175m budget boost from the Welsh Government\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/housing-in-wales\/70032\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing in Wales gets \u00a3175m investment boost\" \/>\n<meta property=\"og:description\" content=\"Housing minister, Julie James has announced that investment in housing in Wales will reach \u00a3400m in 2020-21, thanks to a \u00a3175m budget boost from the Welsh Government\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/housing-in-wales\/70032\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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