Housing: Regeneration

Ministry of Housing, Communities and Local Government written question – answered on 9th January 2019.

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Photo of Grahame Morris Grahame Morris Labour, Easington

To ask the Secretary of State for Housing, Communities and Local Government, if he will create a fund for local authorities and housing associations to invest in the regeneration of existing housing stock.

Photo of Kit Malthouse Kit Malthouse Minister of State (Housing, Communities and Local Government)

The Autumn Budget 2017 announced additional funding of £400 million recoverable loan finance for estate regeneration schemes. A fund of £290 million of recoverable loan has previously been made available. Also, in March 2017 we allocated £32 million of grant to 105 estates. The priorities for the programme are to:

  • support the creation of additional, high-quality housing by enabling the densification of estates (where appropriate) through the better use of space and design;
  • create better places to help tackle the social disadvantage and deprivation associated with many existing estates.

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