£3.7 Million To Regenerate Communities

Twenty three regeneration projects across twelve local authorities are set to receive a £3.7 million boost, helping to create or safeguard more than 80 new jobs, 20 traineeships and over 80 new homes. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Communities and Children secretary Carl Sargeant has today announced funding for the projects which include the creation of a new 3G facility adjacent to the existing stadium at Parc Eirias in Colwyn Bay which will create or safeguard 17 jobs; the development of commercial property in Swansea which will enable the creation of 40 jobs; demolishing a derelict pub in Tredegar to allow the building of 28 new affordable homes; and providing supported accommodation for up to 8 homeless people each year in Caernarfon. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The money from the Vibrant and Viable Places programme is a mixture of newly allocated funding and the reallocation of underspent funds from other projects. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The Cabinet Secretary said: ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“This additional £3.7 million is a big boost to these twenty five regeneration projects across Wales which will make a very real difference to their local communities. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“As well as improving important local services and facilities, the funding will create jobs and traineeships, boost the housing supply and create environments in which small businesses can flourish. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“These projects are an excellent example of how regeneration funding is supporting important improvements that will benefit whole communities.” ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​