£3.7 million to regenerate communities

Communities and Children secretary Carl Sargeant has today announced funding for the projects which include the creation of a new 3G facility adjacent to the existing stadium at Parc Eirias in Colwyn Bay which will create or safeguard 17 jobs; the development of commercial property in Swansea which will enable the creation of 40 jobs; demolishing a derelict pub in Tredegar to allow the building of 28 new affordable homes; and providing supported accommodation for up to 8 homeless people each year in Caernarfon.

The money from the Vibrant and Viable Places programme is a mixture of newly allocated funding and the reallocation of underspent funds from other projects. 

The Cabinet Secretary said:

“This additional £3.7 million is a big boost to these twenty five regeneration projects across Wales which will make a very real difference to their local communities.

“As well as improving important local services and facilities, the funding will create jobs and traineeships, boost the housing supply and create environments in which small businesses can flourish.

“These projects are an excellent example of how regeneration funding is supporting important improvements that will benefit whole communities.”