Wales commits to low carbon homes to rent

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A £250m spending commitment to build low carbon homes to rent has been made by the Welsh Government.

Earmarked for 2021/22, and part of ‘ambitious plans’ for 20,000 new homes, the commitment addresses a rising need for good quality and affordable green homes, said the Government.

‘All homes will be built to bold new quality and environmental standards with the aim for some of the stock to go beyond net zero and produce more energy than they use. A further announcement on this is expected before the end of this month’.

‘We have doubled our money – committing a quarter of a billion pounds this financial year, so we can get on and build 20,000 new low carbon homes for rent’, said housing and climate change minister Julie James

‘This goes beyond Welsh housing need estimates. We are building at scale to address the supply and demand imbalance, homelessness, the growing second homes crisis, and the climate emergency’.