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Government tops up estate regeneration pot to £172m

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The Government is putting an extra £32m towards regenerating rundown housing estates, according to Communities Secretary Sajid Javid.

The funding is in addition to the £140m estate regeneration fund from the Home and Communities Agency.

Councils, housing associations and developers can now bid for a share of the £172m pot to improve the quality of properties on estates.

These bodies can also get Government advice on transforming areas to tackle common hurdles to housing regeneration projects, such as resident protection concerns.

The advice is part of a new ‘national strategy’ drawn up by an advisory panel chaired by Michael Heseltine and the Housing minister Gavin Barwell.

The panel’s output is designed to help estate regeneration.

Javid says: “Rundown estates offer huge potential to become new thriving communities providing homes, jobs and opportunities and places that work for everyone.

“That’s why we’re determined to ensure the success of regeneration projects through the national strategy to transform the lives of thousands of people by delivering better homes in better estates.”

Heseltine says: “The national strategy puts residents at the heart of reshaping their estates, working with local authorities and developers.

“Estate regeneration must be locally-led and this strategy sets out blueprints for success, to help guide the progress and provide aspiration for delivering tangible plans.”

Barwell says: “The funding we are providing will help kick-start a renaissance for those estates that face tough challenges and have often been overlooked.

“I’d urge communities keen to rejuvenate their places to join together, apply for funding and make use of the national strategy to drive forward their local-led proposals.”

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