Written question WQ99493
- Asked by
- Nigel WilliamsReform
- To be answered by
- Cabinet Minister for Local Government, Housing and Planning
- Tabled
- Due
- Answered
- Time to answer
- 8 days
Question
What assessment has the Welsh Government made of the impact of the £65,000 household income cap for the shared ownership scheme, and are there plans to review the threshold to reflect changes in average earnings, inflation and household living costs since 2018?
Answer
Answered by Cabinet Minister for Local Government, Housing and Planning (Siân Gwenllian)
Shared Ownership funding remains available for local authorities and Registered Social Landlords as a tenure to meet housing need through the Social Housing Grant.
I am taking the opportunity to review our home ownership offer as a whole to ensure it makes getting and staying on the housing ladder more affordable for all households and helps young people remain in their communities.