Budget To Upgrade Housing
The council housing stock in Carmarthenshire will have a £50m upgrade over the next five years.
Carmarthenshire County Council yesterday agreed to invest a further £50m in its housing stock, building on the £200m already invested. The council also agreed a further £36m to meet its commitment of delivering over 1,000 homes in the next five years. This investment will help meet housing need, reduce homelessness, improve tenants’ health, and secure construction jobs and skills.
In order to do this, the Council agreed a rent increase in line with the Welsh Government guidelines.
Executive board member for resources Cllr David Jenkins said: “This reflects our 30 year business plan, the CHS+ and our Affordable Homes Strategy.
“Over the next five years we expect to spend £50m in continuing to upgrade our housing stock. The budget also provides £36m to support our Affordable Homes Strategy which we launched last year to increase the supply of affordable homes. The proposed rent increase is in line with Welsh Government guidance.”
Executive board member for housing Cllr Linda Evans said after the meeting: “I welcome the decision of the full council which allows for continuing improvement of our housing stock and helping to make more affordable homes available.”
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