£32m funding pot helping South Liverpool Homes kick start regeneration in Speke

£32m funding pot helping South Liverpool Homes kick start regeneration in Speke

South Liverpool Homes (SLH) is among a number of local authorities and housing associations in the country who will gain a share of the government’s £32 million estate regeneration fund.

A total of 105 estates will benefit from the funding nationally which aims to speed up regeneration schemes currently in their early stages.  The funding will help address problems that could hold up projects and enables access to professional support to ensure high-quality regeneration.

SLH will use the £170K funding to assist the redevelopment of South Parade in Speke, engaging with local people and other key stakeholders about its future plans and evaluating options to transform the Parade into a vibrant, mixed tenure community.

“This funding is a fantastic opportunity to kick-start the regeneration of South Parade, enabling us to fully engage with the local community to ensure our estates thrive which will improve the quality of life for everyone living here,” said SLH’s Head of Assets & Development Gareth Rigby.  

“With the support of Liverpool City Council, our aim is to make the area a more attractive and accessible place to live through a planned and co-ordinated approach that will bring about continued and lasting change to Speke.”

Housing and Planning Minister Gavin Barwell said, “Our housing white paper set out ambitious proposals to help fix the broken housing market and to encourage good design.”

“Estates regeneration must be locally-led, and this £32 million fund will help breathe new life into estates throughout the country. It will help more ordinary working people have the security of a decent place to live.”

Successful bids were chosen by a joint panel of the Department for Communities & Local Government and the Homes & Communities Agency.

In addition, the government is also making £140 million in loan funding available over this parliament to encourage private sector investment in regeneration.