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The Wales Co-operative Centre welcomes ministerial announcement on co-operative housing pioneer schemes

Press Release   •   Aug 09, 2013 10:46 BST

The Wales Co-operative Centre welcomes the announcement today by the Minister for Housing and Regeneration, Carl Sargeant AM, that three co-operative housing schemes in Wales will receive £1.9m to support their capital funding.

The Wales Co-operative Centre supports the development of co-operative housing as an option for people who wish to actively participate in a co-operative community. Recent research published by the Wales Co-operative Centre identified the ‘community’ aspect of co-operative housing as an attractive benefit of this approach.

The Wales Co-operative Centre is actively supporting the pioneering schemes at Ely Farm in Cardiff, Loftus Gardens in Newport and Gwynfryn, Ammanford in Carmarthenshire.

Dave Palmer, Co-operative Housing Project Manager at the Wales Co-operative Centre said:

“The Wales Co-operative Centre welcomes this timely announcement from the Minister, which comes at an important stage in the development of co-operative housing in Wales.

The pioneer projects that we are working with, are ready to begin work on delivering a number of ‘energy efficient’ co-operative homes. The capital funding announced today will assist in the building of these homes and in demonstrating that co-operative housing can offer a viable alternative housing option in Wales.

The Wales Co-operative Centre is keen to continue supporting and encouraging this positive start, by empowering these pioneers to deliver much needed homes in sustainable local communities”.

Co-operative housing can provide an innovative, affordable and alternative model for home ownership in Wales.

The Wales Co-operative Centre offers business support and advice to new and existing organisations looking to develop housing co-operative schemes in Wales. The Centre’s goal is to develop and stimulate demand for the co-operative housing approach in Wales.

The Centre provides support in the following key areas: providing access to expertise and advice about co-operative housing; provide skills development and training opportunities for members of co-operative housing schemes; producing research that can inform the development of co-operative housing schemes; supplying networking opportunities and share good practice; and developing guidance for future co-operative housing schemes.

Ends

For further information contact David Madge, Marketing, Press and Public Affairs Officer 01792 484005 david.madge@walescooperative.org

Wales Co-operative Centre

The Wales Co-operative Centre was set up thirty years ago and ever since has been helping businesses grow, people to find work and communities to tackle the issues that matter to them. Its advisors work co-operatively across Wales, providing expert, flexible and reliable support to develop sustainable businesses and strong, inclusive communities.

www.walescooperative.org

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