£91m released to restore 6,000 derelict homes

Aaron Morby 11 years ago
Share

Towns in the Midlands and North are to get the lion’s share of £91m in Government funding to refurbish and bring back into use over 6,000 empty and derelict homes.

The funding will be spent on refurbishment in areas where empty properties have commonly led to problems such as squatting, rat infestation and collapsing house prices, driving remaining residents away.

Communities minister Don Foster  said: “The government is doing everything possible to tackle the problem of empty homes and urban blight.

“This will bring people, shops and jobs back to once abandoned areas, and provide extra affordable homes we so badly need.”

The funding is being allocated under two programmes. Some £61m is from the second round of the empty homes funding programme.

Around two thirds of this (£41 million) is allocated by the Homes and Communities Agency to registered social landlords; and the remaining money to community and voluntary groups.

The second tranche, representing £30m, is funding for 20 partnerships in areas of acute problems such as Liverpool, Manchester, Newcastle and Middlesbrough, which will bring around 3,500 homes back into use.

Andy Rose, chief executive of the Homes and Communities Agency said: “We had a very encouraging response to the funding across a wide range of types of property. This demonstrates a strong appetite and scope for bringing empty homes and properties back into use, which will help to reinvigorate our communities and towns.”

The government said £33m of the empty homes programme funding will go to the North of England, with a further £11m for the Midlands.

Latest news

Data centres and airport expansion to spur growth

Government hails £25bn data centre and £1.1bn Stansted Airport expansion plan
4 mins ago

Kier confirmed for £20m Yasa Motors Bicester HQ

Developer Bicester Motion advances future mobility business park
50 mins ago

BAM reassures supply chain after winding-up petition

Firm's credit rating temporarily affected after dispute with supplier
8 hours ago

Winvic secures Leeds build to rent scheme

Phase one of £500m Sweet Street South Bank regeneration starts
7 hours ago

£60m turnover construction group sold to staff

Meldrum Construction Services Group becomes Employee Owned Trust
8 hours ago

Starmer vows to “rip out” obstacles to investment

Prime Minister to make pledge at inaugural International Investment Summit
8 hours ago

VolkerFitzpatrick starts prep-work for £210m M3 junction upgrade

Main works to begin in early 2025 on Winchester junction job
9 hours ago

London super sewer turned on after eight years of construction

£4.5bn project starts protecting River Thames from pollution
8 hours ago

Housing and office new work jump fuels output recovery

August new construction work rebounds 1.6% after early summer fall
3 days ago

£300m London City fringe office tower approved

Rocket's 27-storey One Fairchild Street job set for take-off
4 days ago

Consultants named for London Tube Bakerloo Line extension

Aecom and architect WW+P to work up designs for four new stations
3 days ago

15 giant bridge beams lifted into place at HS2 station

Balfour Beatty VINCI carries-out civils work for Solihull station: Video
4 days ago

Ballymore JV picked for £500m King’s Cross scheme

Camley Street scheme to consist of 350 homes and offices
4 days ago

Digger stolen from Dorset site recovered in Poland

Machine found after four month police hunt
3 days ago

Construction firms face claw back of R&D tax credits

HMRC estimates only 38% of construction claims are "wholly compliant"
4 days ago

Willmott Dixon bounces back into profit in first half

CEO predicts ISG demise will shift client mindsets from lowest bid to best quality
4 days ago

M&E specialist Integral UK suffers fifth year of losses

Building services and FM specialist plunges to £32m loss
4 days ago

Glenbrook plans 44-storey Manchester resi tower

Scheme next to Deansgate station will contain 360 flats
4 days ago

Downing submits 430-bed London student scheme

Two-10 storey towers planned at Wandsworth Gasholder Site
4 days ago

Mace construction head steps down

Andrew Jackson leaves top role after three months
5 days ago

Pre-pack saves 60 jobs at fit-out firm WFC Contractors

Aviation fit-out group swoops on up-market hospitality fit-out specialist
5 days ago

Multiplex in talks for ISG’s £70m London offices to labs job

Plan to restart Regent Quarter life science campus with ISG project team
5 days ago

M&E firm goes under after more than 70 years in business

HBS Group Southern employed 75 staff
6 days ago

Trio of big names win £600m biscuit factory revamp

Developer Greystar confirms deals for McLaren, McAleer & Rushe and Sisk
6 days ago

HS2 London tunnels chief joins Transpennine Route Upgrade

James Richardson will take up MD role at TRU in New Year
5 days ago

Transport minister signals HS2 will run to Euston

Decision expected in spending review and budget later this month
6 days ago

£9bn Lower Thames Crossing decision delayed 7 months

Fears grow mega project could be axed in upcoming Budget
6 days ago

Vistry issues profit warning over build out costs at southern division

Probe launched after £115m hit on 9 schemes where build costs under estimated by 10%
6 days ago

ISG administrator tells subbies no funds to pay debts

EY warns trade creditors they are unlikely to see any of the cash they are owed
6 days ago

Giga factory powers McAlpine to top of contracts league

Work winning for the top 50 firms rebounded in September after August lull
6 days ago

Contractor services