£6million funding facility approved for new Carmarthenshire housing developments

Proposals for a £6million funding facility to commence the development of two major Carmarthenshire housing developments have been unanimously approved by the council’s Executive Board.


The financing requirements - on behalf of wholly council-owned housing company Cartrefi Croeso Cyfyngedig - were discussed at Carmarthenshire County Council’s Executive Board meeting on Wednesday, March 6.


The funding facility relates to a £6million eco-housing development in Glanmor, Burry Port consisting of 32 eco-homes and a traditional build scheme in Maesgriffith, Llansteffan including a mixture of semi-detached and detached homes with two, three and four bedrooms - some of which will be used to support the council’s social housing demand.


Plans for the Burry Port development were unanimously approved earlier this year by the county council’s Planning Committee on February 19.


Cartrefi Croeso Managing Director Robin Staines said: “Approval of this £6million funding facility is excellent news to commence and support these two major Carmarthenshire-based housing projects moving forward.”