Welsh Government has reopened the Registered Social Landlords (RSL) Development Loan Scheme for 2025/26, putting £36m towards affordable homes and green upgrades in Wales.
Loans between £1m and £10m are available for new affordable housing and to improve existing homes to meet the Welsh Housing Quality Standard 2023.
The scheme offers low-cost loans to Registered Social Landlords, which is expected to increase housing supply and improve energy efficiency across Wales.
The previous £90m loan scheme announced in March 2025 is set to deliver 277 affordable homes and upgrade over 4,000 homes.
Cabinet Secretary for Housing and Local Government Jayne Bryant, met with Chanise and Martin Brewer in Llanrumney, Cardiff.
Chanise Brewer said: “We had given up hope of moving to a larger home to meet our family’s needs. We explored the private rental market, but it was too expensive.
“The opportunity given to us to move by Taff via the Welsh Government funding has changed our lives.”
Bryant said: “We need more homes now and for the future and that’s why it’s so important that we continue to explore innovative ways to increase the supply of housing for individuals and families across Wales.
“This £36m investment matters – it will help deliver the warm, energy-efficient homes that we need across Wales.
“By backing our housing providers through these challenging times, we’re not just building houses – we’re creating communities where people can thrive.”
Taff Housing has received £10m in previous rounds of loan funding and is expected to deliver 35 homes, with 25 already secured.
Helen White, CEO for Taff Housing, said: “Thanks to this £10m low-interest loan from the Welsh Government, we can secure 35 high-quality homes from the open market and bring them into use as long-term affordable housing.
“This means more families will have access to safe, secure and energy-efficient homes much sooner, at a time when demand is high across our communities.
“These two to four-bedroom homes are all EPC C and above and meet the Welsh Housing Quality Standard, so residents will benefit from warm, comfortable homes from day one.”
White added: “Bringing more homes of this quality into our communities is another positive step in increasing the supply of affordable housing for local families.”
Caroline Lawley, executive director of business and finance for Taff Housing, said: “This loan facility gives us the flexibility to acquire much-needed homes quickly, without relying on traditional grant funding, and make them available to families who need them.
“We welcome this support and are proud to be working in partnership with the Welsh Government.
“It is an investment that will have a positive impact on people’s lives, helping us bring good-quality, energy-efficient homes into our communities.”
Lawley added: “It also helps us deliver more homes in a cost-effective way, allowing us to respond more quickly to local housing need and ensure more families have a safe, secure and comfortable place to call home.”
