New social rent policy balances tenant affordability with ambitions to build more homes – Julie James

19 Dec 2019 11:49 AM

The Welsh Government has announced a new five year rent policy for social housing tenants in Wales, which will help keep rents affordable while allowing social landlords to build more affordable homes across the country.

Under the five year rent policy being announced today, which will to come into effect from April 2020:

Minister for Housing and Local Government, Julie James said:

It’s important to balance the need for tenants to be able to afford their rent, and ensuring social landlords have the rental income certainty they need to build more social housing. I have taken a variety of factors into account and considered carefully the findings of a number of independent reports in making this decision.

We know the quality of people’s homes has a very real impact on their health, well-being and quality of life. Together with Welsh social landlords, we have ambitious plans to build much more social housing in Wales. This rent deal balances that ambition against the need to make sure ordinary people can afford to pay their rent.

The Welsh Government is taking a range of actions to increase the supply of affordable housing in Wales, including: