£174.5m for 'Help to Buy Cymru' scheme

Among the funding announced by the Welsh Government Finance Minister Jane Hutt this morning is £174.5m for a 'Help to Buy Cymru' scheme, to help people to purchase new build homes.

Housing:

• £174.5m for Help to Buy Cymru - a new shared equity scheme for Wales to help people to purchase new build homes
• £20m for the Social Housing Grant - to provide smaller properties to support families who have been displaced as a result of reductions in housing benefit

Transport:

• £40m for dualing of the A465 between Gilwern and Brynmawr
• £40m for improvements to the M4 Brynglas Tunnels
• £17m for improvements to the A55 in North Wales

Others:

• £38m for health facilities - including the final phase of the Noah’s Ark Children’s Hospital for Wales
• £6m for Flying Start - to ensure a further 3,000 children and their families benefit
• £70m for ARBED ECO - a scheme to improve the energy efficiency of Welsh homes focusing on those in fuel poverty