Finance minister Jane Hutt has announced an extra £20 million in social housing grant for projects across Wales.
The capital funding boost will help build an extra 230 affordable homes across the country and support around 500 jobs. It was announced alongside an extra £23 million for schools supporting 300 jobs.
The minister announced the money on a visit to North Wales. She said:
‘We have always been clear about the importance of investing in our infrastructure both in terms of the social and economic benefits it brings. Only yesterday I saw these benefits first hand – from the state of the art learning facilities under construction at the Holywell learning campus to the Llys Santes Ann social housing development which is delivering affordable homes for local residents in Wrexham.’
CIH Cymru director Kevin Howell said:
‘This is further recognition of the vital contribution that social housing makes to communities across Wales. This additional investment will support the local economy and help to end the housing crisis in Wales. We have long held that housing is a vital part of our national infrastructure, it is welcome news to see this being recognised with an increase to funding.’