Welsh Government maintains policy for social housing rents in 2016/17
Welsh Government has today announced that the Minister for Communities and Tackling Poverty has agreed to maintain the Welsh Government Policy for Social Housing Rents for 2016/17. The rent uplift for social landlord properties covered by the policy for 2016/17 is 1.4% (previous September CPI of -0.1% +1.5%).
Stuart Ropke, Group Chief Executive of Community Housing Cymru, said: 'We are pleased that Welsh Government has made the decision to confirm the rent settlement which was previously agreed between CHC and WG for 2016/17. A secure rental income stream alongside continued financial support from Welsh Government is vital for the future viability of Welsh housing associations, and this security means that the sector can continue to build more homes and deliver services in communities across Wales. Investment in housing helps to stimulate the economy as well as providing funding for new affordable homes, and it is heartening to see Welsh Government's confidence in Welsh housing associations' ability to deliver. We will continue to work on behalf of our members to evidence their impact.'