Audit Wales estimates additional funding of £580m-£740m needed for Welsh Government's low-carbon social homes goal.

Audit Wales has indicated that the Welsh Government may need an additional £580 million to £740 million to meet its goal of building 20,000 low-carbon social homes by March 2026. Currently, fewer than half of these homes have been completed, with a total cost estimated at £1.8 billion. Delays and rising costs due to inflation pose challenges, and without extra funding, the government risks falling over 4,000 homes short of its target.

September 05, 2024
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