Increased from an original £90 million to £100 million, eleven local authorities have been awarded funding for town centre regeneration purposes.
Funds have been allocated to the following local authorities:
The fund focuses on regeneration activity in Welsh town centres with an emphasis on improvement to the housing supply. The objective is to create more versatile and diversified town centres that are not solely focused on retail provision. There is also an emphasis on linking with local Communities First programmes to provide additional training and employment opportunities in deprived areas.
The means supported Neath Port Talbot and Flintshire councils in developing their successful submissions for £9.6m and £6m funding.
The projects involve an integrated approach to regeneration in Port Talbot and Deeside with a strong housing and job creation focus. Communities First cluster partnerships in both areas were central to the development and content of each bid.
The means looks forward to working with councils successful in securing Stage 2 funding, particularly in maximising the leverage of funding allocated in terms of accessing new EU structural funds and helping Stage 1 areas in formulating proposals for targeted funding from the Vibrant and Viable Places programme.