The Welsh Draft Budget for 2015-16 adds yet another £10million to the Houses to Homes loans initiative, bringing the total to £30million since the inception of the scheme.
The Draft Budget notes:
Financial transactions funding of £10m in 2015-16 to expand investment in this scheme to over £30m since its launch in 2012. This successful initiative has already delivered almost 500 residential units and leveraged an additional £7.8m of private sector funding to bring empty homes in Wales back into use and increasing the supply of housing across Wales.
The next evaluation report for the scheme, authored by Sheffield Hallam University, is due within the next couple of months and is expected to demonstrate the continuing success of the loans scheme.