How is the Welsh Government working with the private sector to deliver more affordable homes?
Answered by Cabinet Secretary for Housing, Local Government and Planning
| Answered on 07/05/2024
Leasing Scheme Wales is targeted at the private sector to help deliver more affordable homes, as the property is leased to the local authority. A key aspect of the scheme involves properties being let at Local Housing Allowance (LHA) rates to ensure they are affordable.
To date 60% of the homes coming onto the scheme have previously been empty for more than 6 months bringing unused properties back into use.
The scheme includes the provision of grants and other financial support to cover property improvements, repairs and management costs.