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£100m Vibrant and Viable Places funding announced
The total funding has been extended to £100 million over three years and so each of the eleven local authorities invited to submit detailed bids will receive funding of up to £15 million.
The funding will be used for various regeneration projects - helping to create jobs, tackle poverty, increase housing supply and improve community facilities.
The Minister said:
“Despite the cuts imposed on us by the UK Government, this substantial funding is further evidence of how the Welsh Government is committed to supporting the people of Wales.
“These worthy projects will make a real difference to their communities and I’m delighted with the quality of the bids received.
“Many of the successful bids focus on the regeneration of town centres, which is about a lot more than filling empty shops. It is about creating a diverse and vibrant town centre with other services such as leisure, health and education at its heart and making the town centre an attractive place to live.
“Increasing housing supply is my number one priority and these successful bids will build on and complement the excellent regeneration work in evidence across Wales through our Houses into Homes and Social Housing Grant schemes.”
The local authorities who will receive funding through Vibrant and Viable Places are Bridgend, Conwy, Flintshire, Isle of Anglesey, Merthyr Tydfil, Neath Port Talbot, Newport, Rhondda Cynon Taf, Swansea, Torfaen and Wrexham.