The Welsh Government has announced a new multi-million pound fund to support small and medium sized builders develop sites where progress has stalled.
The £40m loan fund has a four year repayment term and will be used to help builders on stalled sites. Sites across Wales stall for a variety of reasons, from pre-development works to difficulty in securing funding. In 2015, there were 400 sites where progression had been halted.
Housing and Regeneration Minister Rebecca Evans says the fund will be good for the economy.