Market Leads & Opportunities
Wales to receive £35m fund for new homes
The Minister for Housing and Local Government announced a £35M fund to build innovative new homes in Wales.Minister Julie James visited Swansea Council’s Colliers Way development to announce the funding which will create energy efficient affordable new homes. The funding comes from the Innovative Housing Project which encourages modern cost-effective homes.The new homes – built to Passivhaus standards – will feature battery technology, solar panels, air source heat pumps, and modern insulation. It is hoped they will have lower fuel costs and be more environmentally friendly than traditional homes.Julie James has said that social housing providers can apply for a share of the £35M funding and highlighted the need for new residential building projects to actively tackle climate change. Affordable housing is also a big priority for the government, innovative renewable energy in homes reduces bills and helps tackle fuel poverty.Current projects include ‘active homes’ being constructed in Neath by Pobl group and T? Solar building in Pembrokeshire and Carmarthenshire. T? Solar is building homes using locally sourced timber and powered by solar panels.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million. - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
