Welsh government launches £40m loan fund for SME builders

By Jordan Marshall2018-05-25T06:00:00

The Stalled Sites Fund provides cash for small homebuilders struggling to finance projects

The Welsh Government has pledged £40m to help small builders in order to boost house building in Wales.

The £40m loan fund has a four-year repayment term, and is projected to be recycled four times over 17 years.

Housing and regeneration minister Rebecca Evans announced the fund at an event for SME builders earlier this week.

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