Section: Housing Finance

New National Plan and Funding Brings Bigger Boost to Estate Regeneration

Posted 08.12.16

Communities Secretary Sajid Javid announced (8th December) a new Government strategy and additional funding to breathe new life into rundown estates.

As part of a new blueprint for regenerating deprived housing estates, an additional £32 million of new funding is now available, along with £140 million from the estate regeneration fund to build places that work for everyone.

It means that councils, housing associations and developers can now bid for a share of £172 million of government investment to transform local neighbourhoods and deliver high-quality housing.

They will also get advice on transforming areas from a new 'national strategy' to address common challenges that can stop projects, such as resident protection concerns or finding the necessary finance.

The new national strategy was developed by an independent advisory panel, chaired by Lord Heseltine and the Housing and Planning Minister Gavin Barwell.

The strategy has guidance that covers:


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Reporting on December 2016

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