Wales

Housing associations bring £1bn to economy in Wales

Welsh housing associations directly contributed more than £1bn to the economy in 2014/15, an independent report has said.

The Welsh Economy Research report showed 79% of direct spend was retained in Wales, and associations built nearly 2,000 affordable homes.

This was an increase of 4% on the previous year.

The annual report, commissioned by Community Housing Cymru, looked at the impact of social housing in Wales.

Welsh Housing Associations

£1.1bn

contributed to the economy in 2014/15

  • £872m of that was retained in Wales

  • 1,923 new homes built in 2014/15

  • £301m on repairs/maintenance in 2014/15

  • £532m on regeneration in 2014/15

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