Drop in affordable housing completions 'very worrying'
Published by Max Salsbury for 24dash.com in Housing and also in Development, Local Government
Bovis Homes to cut another 200 jobs as sales slump 48%
New figures showing that the number of new 'affordable' homes completed by Welsh social landlords in the last quarter of 2013 was down 16% on the previous year have been described as "very worrying".
The Welsh Liberal Democrats housing spokesperson Peter Black said: “We need to see housing associations build more homes, not fewer. I accept that public money is short and their grant has been cut but this has more than been made up for by additional capital allocations and the new bond scheme which has been adopted.
“A lot of public and private money is now going into affordable housing. We need to see the results in more homes that people can live in.”
The Welsh Housing Minister had set a target of 10,000 new affordable homes by the end of the current Assembly term but figures reveal that during the October to December quarter of 2013 only 159 new dwellings were built by housing associations.