Cabinet Secretary for Housing meets our Cardiff residents
Our chief executive Anne Hinchey and Chair of the Board Alex Ashton were delighted to welcome Welsh Cabinet Secretary for Housing Jayne Bryant MS to our development at Ffordd yr Haearn in Grangetown, Cardiff.
The Welsh Government has made £24m available in loan funding to unlock vital land for housing development and deliver more than 600 new homes across Wales.
Jayne Bryant MS – The Cabinet Secretary for Housing and Local Government meeting with Wales & West Housing to see how they’ve utilised loan funding for their Ffordd yr Haearn development.
WALES NEWS SERVICE
Stuart Epps, our Executive Director for Finance, Assets and Development, said; “Ffordd Yr Haearn was the first scheme of affordable homes for rent where we applied for loan funding under the Land for Housing scheme.
“At Ffordd Yr Haearn we’ve been able to provide 100 homes to almost 350 residents, giving families a firm foundation to build healthy, happy lives.”
Stuart Epps, Executive Director for Finance, Assets and Development
“At the time, in 2018, the loan allowed us to buy the site and design our development to meet the needs of the Grangetown community. One of the key things the community needed was safe and secure family homes with gardens, for life. So, we have been able to provide 52 houses with outdoor space as well as 48 flats.
“We’ve used this funding for a number of housing developments across Wales in recent years. Having these loans from Welsh Government is beneficial as it allows housing providers to buy land, freeing up other money that we can invest in building and planning more homes.”
The Cabinet Secretary said: “I’m incredibly proud of how our Land for Housing scheme is making a real difference to people’s lives across Wales.
“I was so pleased to meet the residents at Ffordd yr Haearn and see firsthand how this funding has created not just houses, but genuine communities where people can put down roots.”
Welsh Cabinet Secretary for Housing, Jayne Bryant MS
Find out more about the impact of the Welsh Government investment.
