Strategic Capital Investment Funding (SCIF)

SCIF was a 3 year programme; SCIF1, SCIF 2 and SCIF 3

SCIF 1

The Welsh Government made £42 million available for affordable housing of which the Vale of Glamorgan was allocated £1.3 million for:

14 new build properties in Barry
4 existing dwellings in Barry
2 existing dwellings to be adapted to provide 8 units of supported accommodation

SCIF 2

The Welsh Government made £20 million available for affordable housing which was to be used for the following themes:

Intermediate rented properties
WAG owned land
Homebuy (shared equity schemes)
Unlock stalled sites

The Vale of Glamorgan was allocated £1.1 million for:

Intermediate rented properties in Llantwit Major
Homebuy in the Castleland ward of Barry

SCIF 3

More information to follow.