£91 million investment for empty homes across the UK

Communities Minister Don Foster has announced that towns across England will benefit from £91m to refurbish and bring back into use over 6,000 empty/derelict homes and commercial premises, particularly in the Midlands and North.

Related topics:  Property
Warren Lewis
21st June 2013
Property
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.

Speaking today Mr Foster said:

"The government is doing everything possible to tackle the problem of empty homes and urban blight. Today I’m announcing we’re going to do even more, with towns across England benefiting from £91 million to refurbish over 6,000 empty properties to get them back into use. This will bring people, shops and jobs back to once abandoned areas, and provide extra affordable homes we so badly need.

"We have already made very good progress, cutting the number of long term empty homes by 40,000 but with thousands of people in this country desperate to buy a home and areas still suffering problems of urban blight we must go further still.

The funding is being allocated under two programmes:

- £61 million from the second round of the empty homes funding programme, provided to successful bidders eligible from all areas across England (except London, which will be announced separately) with empty homes. Around two thirds of this (£41 million) is allocated by the Homes and Communities Agency (HCA) to registered social landlords; and the remaining money to community and voluntary groups. Together the 187 successful organisations will bring around 3,200 extra homes back into use.

- £30 million second year award of Clusters of Empty Homes programme funding for twenty 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, HCA chief executive, 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. We look forward to working with housing providers to bring these homes forward.

Visiting an empty homes refurbishment project today in Stoke on Trent - a former Housing Market Renewal ‘Pathfinder’ area - Don Foster said:

"A very significant amount of this money will benefit the Midlands and North, including towns that saw whole areas become abandoned and ‘no go’ by the previous government’s Pathfinder programme of demolitions that we have put a stop to.

"£33 million of the empty homes programme funding will go to the North of England, with a further £11 million for the Midlands."

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