A wnaiff yr Ysgrifennydd Cabinet amlinellu pa asesiad penodol a gynhaliwyd i gyfiawnhau sefydlu'r Cynllun Benthyciadau i Ddatblygwyr ar gyfer Diogelwch Adeiladau Cymru?
The Developer Loan Scheme was established to ensure developers could progress remediation of buildings affected by fire safety issues as swiftly as possible, by removing any potential barriers related to a lack of funds.
The development of the scheme included consideration of the impact of having to undertake works in both England and Wales, and how this might affect a developer’s ability to deliver, and consideration of the impact of increased interest rates in relation to the availability of loan funding.
The loan scheme is reviewed on a regular basis to ensure the funding available is appropriate to the needs of the scheme, and any other developers coming into the Programme have the opportunity to access funding. Should the Developer Loan Scheme remain unused, the scheme will be closed.