Welsh Govt Boosts Co-Operative Housing Model With £150,000 Fund

The Wales Co-operative Centre has secured nearly £150,000 from the Government to support the Co-operative Housing in Wales project.

The £149,530 fund will help scale up the project, which has already helped deliver 99 homes across the country.

In addition, it has helping to support the deliver of a further 75 homes by developing expertise in different co-operative models and providing advice to developers and co-operative groups.


Welsh Communities and Children Secretary, Carl Sargeant, said: "This funding will allow the Wales Co-operative Centre to build on the progress they have already made in supporting the development of housing co-operatives in Wales.

"It is just one of the innovative models of housing the Welsh Government is supporting that will contribute to our ambitious target to deliver 20,000 additional affordable homes in Wales over this term of government."

Derek Walker, Chief Executive of the Wales Co-operative Centre, said: "The funding from the Welsh Government is critical to building on the excellent progress that has already been made with co-operative housing here in Wales.

"The Wales Co-operative Centre will use this funding from the Welsh Government to pay for experts to work with local co-operative housing projects and help them with the range of support they need."

(LM/MH)