Twelve regeneration projects are set to receive a £12.8m boost, creating more than 400 new jobs, 50 traineeships and over 220 new homes.
Communities and Tackling Poverty Minister, Lesley Griffiths, has today announced projects including the creation of 16 two-bedroom flats in Holyhead town centre, a new employment hub on the Kingsway in Swansea and a family entertainment zone on the Rhyl waterfront are set to benefit from the significant Vibrant and Viable Places funding boost.
The additional funding brings the total investment in the Welsh Government’s flagship regeneration scheme to £118 million. A recent report found, between 2014 – 17, 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 provide 1,000 affordable homes and more than 2,300 homes in the private sector.
The Minister said:
“This additional £12.8m is a huge boost to twelve key regeneration projects across Wales which will make a very real difference to their local communities.
“As well as improving important local services, the funding will create hundreds of jobs and traineeships and boost Wales’ housing supply.
“The Welsh Government is committed to creating jobs, supporting the economy and increasing housing supply and our flagship VVP programme is at the very heart of our efforts.”
The local authorities who will receive the additional Vibrant and Viable Places funding are Anglesey, Blaenau Gwent, Caerphilly, Conwy, Denbighshire, Flintshire, Gwynedd, Neath Port Talbot, Newport, Swansea, Torfaen and Wrexham.
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