£90m earmarked for Blackpool regeneration
Blackpool News
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£90m earmarked for Blackpool regeneration
The UK government’s housing and regeneration agency, Homes England, has granted a total of £90 million towards creating more affordable homes in and around Blackpool.
The news that the UK government is investing £90 million in new homes in and around Blackpool has been warmly welcomed. This development is part of a £1bn BIL (Brownfield Infrastructure Land) Fund programme and is part of the ‘levelling up’ plan. The funding will be used to improve existing housing in Blackpool town centre as well as estates on the edges of town, while new housing will also be provided in these areas. Much of the housing in the more central wards are of low quality and these will be a priority for this regeneration project.
Blackpool’s regeneration partnership was created in 2022 and this programme is just the latest in a series of interventions by the UK government. Public consultations will be held later this year with regard to the first phase of the plans.
Blackpool Council are also drawing up plans to deliver an investment programme worth £2bn which will help economic regeneration and a re-imagining of the tourism sector.
Leader of Blackpool Council, Lynn Williams, said:
“We will use this funding to continue the process of positive change, improving housing, neighbourhoods and life chances across inner Blackpool. We will be holding a full public consultation [to be launched later this year] concerning our plans for a first phase.
“It is our vision that over time you will see the removal of housing that does not meet modern standards, with new and better housing created in its place, in better neighbourhoods, designed with the interests of Blackpool residents and businesses at their heart. We want people to love where they live.”