Two south Wales housing associations complete merger

Cardiff-based social landlord Cadwyn Housing Association has completed its merger with Cadarn Housing Group.

Cadwyn Housing Association has now become a subsidiary of Cadarn Housing Group, another Cardiff social landlord, which owns 3,067 homes including five sheltered housing schemes.

Cadwyn owns 1,447 homes and manages a further 641 homes, principally within the city of Cardiff.

Cadwyn has become a sister organisation to Newydd Housing Association within the group structure, with both now operating as subsidiaries under Cadarn Housing Group.

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Cadarn Housing Group has said the merger will strengthen the financial resilience of Cadwyn and Newydd, enhancing their ability to provide high-quality, affordable homes while maintaining existing properties.

The merger will also help the housing associations to “better spread business risks and strengthen relationships with stakeholders, all while remaining committed to their local bases and the communities they serve.”

Jason Wroe, chief executive of Cadarn Housing Group, said, “We are thrilled to welcome Cadwyn into our group as a sister organisation to Newydd. 

“This is a major milestone, not only as we celebrate 50 years of Cadarn, but also as we look ahead to a future of collaboration. By working together, we can share expertise, resources, and become more efficient, while keeping our tenants at the heart of everything we do.”

David Hayhoe, retiring chief executive at Cadwyn Housing Association, said, “As Cadwyn embarks on this exciting new chapter as part of the Cadarn Housing Group, I want to extend my best wishes to the group and to Cadwyn.  

“This partnership represents a powerful opportunity for both organisations to thrive, share resources, and achieve even greater success in the future.”