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29/10/2015

Welsh regeneration initiative makes waves

Words: Roger Milne
Rundown

An independent review of Vibrant and Viable Places, the Welsh government’s flagship £100 million regeneration scheme, has found it is delivering significant benefits.

An independent group monitoring the programme has published a report which highlights the programme will create more than 2,000 jobs, support 3,000 people into work and bring a further £300 million into Wales.

It is also expected to deliver 1,000 additional affordable homes and more than 2,300 homes in the private sector.

Under the scheme 11 local authorities across Wales are sharing £100 million in capital funding between 2014 and 2017.

The funding is being invested in a range of regeneration projects in town centres, coastal communities and Communities First areas.

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