Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
The government may need as much as £580 to £740m extra to deliver the homes by March 2026
The Welsh government has built fewer than 10,000 new homes three years into its five-year plan to construct 20,000 social homes, according to a new Audit Wales report.
Government estimates indicate that as of March 2024, between 8,859 and 9,197 homes have been completed. The target is to deliver 20,000 low-carbon social homes for rent by March 2026.
The report highlighted that only half of the target has been met as delivery has been “more slow and expensive than initially expected, partly due to pressures outside of the Welsh government’s control”.
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