Prime Minister (PM) David Cameron has unveiled an initiative to target the country’s 100 worst housing estates and redevelop them, which could involve complete demolition and rebuilding in some cases, with £140 million.
The PM’s Office writes:
As part of a comprehensive package of measures to end poverty and improve the life chances of the most disadvantaged, the government will work with 100 housing estates across the country to either radically transform them or, in the worst cases, knock them down and replace them with high-quality homes.
The PM writes:
… Today I am announcing that we will work with 100 housing estates in Britain, aiming to transform them. A new Advisory Panel will help galvanise our efforts and their first job will be to build a list of post-war estates across the country that are ripe for re-development, and work with up to 100,000 residents to put together regeneration plans. For some, this will simply mean knocking them down and starting again. For others, it might mean changes to layout, upgrading facilities and improving local road and transport links.
The panel will also establish a set of binding guarantees for tenants and homeowners so that they are protected.
To finance this, we’ll establish a new £140 million fund that will pump-prime the planning process, temporary rehousing and early construction costs. And we’ll publish an Estates Regeneration Strategy that will sweep away the planning blockages and take new steps to reduce political and reputational risk for projects’ key decision-makers and investors. …
Read more on Planning Portal
UK Gov news and read the PM’s article
