Valleys to Coast housing association are leading on the development of an innovative pan-Wales procurement framework designed to deliver benefits to both current and future generations across the country.
This new framework forms part of an almost £20 million, Welsh Government backed, Optimised Retrofit Programme that will see a consortium of housing associations and Councils work on projects that will help upgrade at least 1,000 existing social homes in Wales through a mixture of new energy efficient materials and technologies.
Open to all housing associations, local authorities and public sector bodies, the new framework will maximise opportunities for businesses across Wales to benefit from this investment and ensure that the funding drives the foundational economy and supports Welsh business and employment opportunities.
There will also be much wider and far-reaching benefits for the Welsh economy. As the programme is rolled out across social housing in Wales over the coming years, it is hoped that this will lead to more local jobs, training and apprenticeship opportunities and supply chains as part of a new industry for the Country.
Speaking about the opportunity, David Bolton, Assets Investment Manager at Valleys to Coast, said: “This is a significant investment from the Welsh Government and a big statement in terms of their focus on reducing carbon emissions and helping the economy recover post-covid. We at Valleys to Coast are very proud to have been asked to lead on the procurement network that will support this. The benefits for customers and communities are potentially huge and this is just the start of creating a new retrofit industry in Wales which is really exciting.”
For Valleys to Coast customers in Bridgend, this will mean an initial investment in around a 100 homes that will benefit from energy improvement works that will help reduce their bills as well as improve energy efficiency measures to the homes such as external wall insulation and new windows. The homes to initially benefit from this will be in the North Cornelly and Wildmill areas of Bridgend and will form part of plans for Valleys to Coast to get as many of their homes to an EPC rating of A by 2030.
Talking about the investment, Darrin Davies, Director of Development & Asset Investment, added: “This is a fantastic opportunity for us and the partners involved in this consortium to play a big role in making Wales greener. We will learn a lot from this in the coming years and it speaks volumes of the strength of the Welsh housing sector that we are able to work together to tackle this issue and ensure that the advantages of this investment are felt locally.”
Full information on the Welsh Government’s Optimised Retrofit Programme can be found on the Welsh Government website.