The Department for Communities and Local Government has announced the beneficiaries of a £32m fund to kick-start regeneration of run-down estates.
From Gateshead to Plymouth, the £32m Estate Regeneration Fund will be distributed to local authorities and housing associations across England to help build of thousands of new homes.
After successful engagement with local communities, communities secretary Sajid Javid has announced that a total of 105 estates will benefit from the funding, to be used to speed up regeneration schemes in their early stages.
It will also help address problems that hold up projects and give local authorities access to skills to ensure high-quality regeneration.
In Birmingham, the money will be used to start discussions with local communities and ensure the Meadway regeneration creates a place local residents are proud of. In Milton Keynes it will be used to kick-start the regeneration of seven estates to provide thousands of new homes.
Javid said: “For too long a number of housing estates across the country have been areas characterised by low-quality homes and high social deprivation.
“This government is determined to have a housing market that works for everyone. That’s why we’re turbocharging the regeneration of these rundown estates, so they can thrive as communities.”
Reforms in the recently published housing white paper set out the government’s bold new plans to build more homes across England. This funding will help provide thousands of new homes from the carefully planned redesign of estates.
Announced last year, the Estate Regeneration Strategy offeres a blueprint for regenerating estates, providing advice and guidance to help improve and speed up development.
In addition to the £32m released, £140m in loan funding is available over the length of this Parliament to encourage investment in regeneration from the private sector to help build places that work for everyone.
See a map of the estates across the country which are set to benefit from the funding, and a list of the local authorities and housing associations who will benefit from the Estate Regeneration Fund
