The Old Tabernacle, Aberystwyth
Mid-Wales Housing Association was delighted to welcome First Minister Carwyn Jones to visit the development at the Old Tabernacle site in Aberystwyth in October, 2015.
This development comprises a total of 22 one-bedroom, two-person flats in two, four-storey buildings with pedestrian access off Mill Street and Powell Street.
The development, which costs in the region of £1.9 million is funded by £971,214 from the Welsh Government’s Smaller Properties, Social Housing Grant and Regeneration Funds with the remainder being financed by Mid-Wales Housing Association.
17 of the flats will be let at affordable rents and five at intermediate rent which is set at 70% of the open market value and are programmed to be completed in 2016.
The design and construction contract for this development is with Vallis FM Ltd from Aberystwyth. The construction work is being managed by the Association’s project manager S.P. Projects from Mold and supervised by Mid-Wales Housing Association.
During this visit, the First Minister said: “I was delighted to visit the Aberystwyth development to see how the area has benefited from our Social Housing Grant and regeneration funding to build affordable social housing in the centre of the town. One of our priorities is to increase the choice and supply of housing in Wales.
Sian Howells, Director of New Business of Mid-Wales Housing said: “We are delighted to be providing much needed affordable housing in the centre of Aberystwyth and ensuring that as much of the capital invested is retained in the local economy. It is also pleasing that this iconic site will continue to be utilised in such a positive and socially beneficial way”.