New Homes in Wales

Part of 3. Topical Questions – in the Senedd at 3:10 pm on 13 December 2017.

Alert me about debates like this

Photo of Rebecca Evans Rebecca Evans Labour 3:10, 13 December 2017

Well, Welsh Government, as you'll be more than aware, is committed to pursuing all avenues in order to create and build homes, particularly affordable homes, with our target of 20,000 over the course of this Assembly, but also homes for market sale as well. There are a number of ways in which we're doing that. We recognise the important role that the SME sector will play in terms of meeting our housing aspirations, so we've announced recently an additional £30 million for the Wales property development fund, and that will support SME developers to build homes, and that was a sector that we know took a particularly bad hit in the aftermath of the recession. That actually quadruples the initial investment in that particular sector and it's expected to provide over £270 million in support for the sector over the next 15 years.

That's in addition to our commitment to spend £1.4 billion on housing over the course of this Assembly, so there's no doubt that Welsh Government is certainly putting its financial resources behind this and working with all sectors in order to build homes, learning from what we did in the previous Assembly in terms of the housing supply pact we had with Community Housing Cymru. That helped us achieve our target of delivering 10,000 affordable homes. We have a pact, now, with Community Housing Cymru and the Welsh Local Government Association, but also a pact with the Home Builders Federation and the Federation of Master Builders as well, so we're constantly trying to explore how we can work with new partners to increase house building across Wales.