Friday, 16 December 2016

Cautious Welcome For Government Estates Scheme

Housing professionals have broadly welcomed a new government blueprint for overhauling run-down estates across England, coupled with a £32m funding boost. The flagship Estate Regeneration National Strategy makes available £32m in grant funding on top of £140m in loan finance already earmarked for the scheme.  The strategy, which focuses on community-led regeneration, has been developed by a panel co-chaired by Lord Heseltine and the housing and planning minister, Gavin Barwell. It began work in February this year and aims to help transform 100 run-down estates around England over the next 10 to 15 years. Read more on the CLG website.

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