Lib Dems vow to build 20,000 affordable homes

The Liberal Democrats has announced plans to develop 20,000 affordable homes in Wales by 2021 if the party is in Government after the 2016 assembly election. Lib Dem AM Peter Black (left) said his party would tackle the “crippling undersupply of housing” in Wales by using new borrowing powers and by abolishing plans for an M4 relief road. The target to build 20,000 affordable homes over the five-year period is double that set by the existing Labour Government in Wales. After launching a housing supply pact with the with Community Housing Cymru last year promising to build 10,000 new affordable homes during the terms of the Government, Housing and Regeneration Minister, Carl Sargeant, said, “Increasing the supply of homes in Wales is my top priority and I am committed to working with developers, housing associations, local authorities and financiers to bring forward innovative schemes that will increase the supply of good quality affordable homes.” Over half of the Welsh Government’s affordable housing target – set at 7,500 homes – was met within the first two years in power, with most properties delivered by housing associations. Meanwhile, Adam Hesse, Director at Home Counties land broker Aston Mead, has expressed his concern…