£23 million for Gwent regeneration announced

South Wales Argus: £23 million for Gwent regeneration announced £23 million for Gwent regeneration announced

TWO Gwent councils have successfully bid for £23 million of regeneration cash which could see new jobs and homes built in the region.

Torfaen and Newport councils were among 11 local authorities that were successful in bidding for the £100 million Vibrant and Viable Places pot from the Welsh Government which will be spent over three years.

Newport is to be granted close to £15 million for schemes that aim to create 600 jobs, build as many as 420 inner-city homes and upgrade 160.

The housing-led bid for the Communities First central area of the city is aimed at tackling vacant properties, community disadvantages and housing shortfalls.

It is hoped that the projects will help 850 people gain work-based learning and skills opportunities.

Newport council leader Councillor Bob Bright said: “This is great news for Newport and another positive step in our work to regenerate our city. With key projects under way, the face of Newport really is changing, and this additional money will further support our efforts.”

Meanwhile Torfaen has won £8.2 million for a £80 million package of regeneration projects which will need further funding from private and public sources, including the EU.

Possible projects include refurbishing properties for residential and commercial use in Pontypool, a proposed ‘Canalside Quarter’ near Cwmbran town centre and a new transport interchange at Pontypool and New Inn station.

However the authority has been awarded less than the £13 million it had bid for.

Bob Wellington, Torfaen council leader, said: “We are absolutely thrilled to receive this funding which represents a significant regeneration opportunity for us in Torfaen. Our officers will now meet with Welsh government over the next few weeks to discuss the next steps forward”.

Last year, local authorities were invited to submit schemes on behalf of partnerships made up of the public, private and third sectors organisations.

Comments (8)

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8:23am Fri 31 Jan 14

varteg1 says...

OooooH! goody. can we please have our street re surfaced?
OooooH! goody. can we please have our street re surfaced? varteg1
  • Score: -1

10:21am Fri 31 Jan 14

DavidMclean says...

Will this mean yet more new housing estates - the sink estates of the future - such as have already been built all along the river, yet which remain largely unoccupied? Building more houses for people when there are fewer jobs? There is no logic or plan in that.

Under the current 'strategy', all we are doing is guaranteeing a future when Newport is just one large unemployed housing estate.

We need business and industry to give people jobs and wealth, not more shops and houses.
Will this mean yet more new housing estates - the sink estates of the future - such as have already been built all along the river, yet which remain largely unoccupied? Building more houses for people when there are fewer jobs? There is no logic or plan in that. Under the current 'strategy', all we are doing is guaranteeing a future when Newport is just one large unemployed housing estate. We need business and industry to give people jobs and wealth, not more shops and houses. DavidMclean
  • Score: 1

10:31am Fri 31 Jan 14

Severn40 says...

Sorry folks - a negative comment. Before everyone gets too excited about the news, the Newport money largely offsets what the city will have lost in funding through the demise of Newport Unlimited. The £15m is for a three year period which is marginally above the amounts that Newport Unlimited would have received anyway. I am not supporting Newport Unlimited in anyway, I think the organisation underperformed for the city, but just be careful about spin from the Welsh Government and relaunched regeneration initiatives.
Sorry folks - a negative comment. Before everyone gets too excited about the news, the Newport money largely offsets what the city will have lost in funding through the demise of Newport Unlimited. The £15m is for a three year period which is marginally above the amounts that Newport Unlimited would have received anyway. I am not supporting Newport Unlimited in anyway, I think the organisation underperformed for the city, but just be careful about spin from the Welsh Government and relaunched regeneration initiatives. Severn40
  • Score: 5

10:33am Fri 31 Jan 14

blackandamber says...

The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.
The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again. blackandamber
  • Score: 2

12:55pm Fri 31 Jan 14

varteg1 says...

blackandamber wrote:
The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.
Benefits?

So the taxpayers are once again shafted, financially speaking.

Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets?

Stupid public!
[quote][p][bold]blackandamber[/bold] wrote: The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.[/p][/quote]Benefits? So the taxpayers are once again shafted, financially speaking. Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets? Stupid public! varteg1
  • Score: -5

2:41pm Fri 31 Jan 14

whatintheworld says...

with record numbers on the housing waiting list and overcrowding becoming more and more of a problem, more houses should be welcomed - especially because of the number of jobs it will support.

everyone would like some new tarmac outside their front door, but realistically, that's not going to be the best way to spend this cash.

commenters have asked how people are going to be able to afford the rents/mortgages of these homes. good question! it's time we got ourselves a living wage and rent controls!
with record numbers on the housing waiting list and overcrowding becoming more and more of a problem, more houses should be welcomed - especially because of the number of jobs it will support. everyone would like some new tarmac outside their front door, but realistically, that's not going to be the best way to spend this cash. commenters have asked how people are going to be able to afford the rents/mortgages of these homes. good question! it's time we got ourselves a living wage and rent controls! whatintheworld
  • Score: 0

4:32pm Fri 31 Jan 14

varteg1 says...

varteg1 wrote:
blackandamber wrote:
The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.
Benefits?

So the taxpayers are once again shafted, financially speaking.

Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets?

Stupid public!
Seems I am proved right about the stupid public...the idiots vote me down.
[quote][p][bold]varteg1[/bold] wrote: [quote][p][bold]blackandamber[/bold] wrote: The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.[/p][/quote]Benefits? So the taxpayers are once again shafted, financially speaking. Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets? Stupid public![/p][/quote]Seems I am proved right about the stupid public...the idiots vote me down. varteg1
  • Score: 0

4:32pm Fri 31 Jan 14

varteg1 says...

varteg1 wrote:
blackandamber wrote:
The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.
Benefits?

So the taxpayers are once again shafted, financially speaking.

Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets?

Stupid public!
Seems I am proved right about the stupid public...the idiots vote me down.
[quote][p][bold]varteg1[/bold] wrote: [quote][p][bold]blackandamber[/bold] wrote: The jobs if they are REAL jobs, will be welcome. But more houses?. There must be ten thousand houses built or being built or are to be built in the near future in and around Newport. Where is the money going to come from to rent or buy these properties without the REAL jobs to provide enough income for the new residents of these properties. Or is the tax payer going to foot the bill on a fair percentage of them again.[/p][/quote]Benefits? So the taxpayers are once again shafted, financially speaking. Do a large proportion of the public not yet realise those millions are coming out of what the state filches from their pockets? Stupid public![/p][/quote]Seems I am proved right about the stupid public...the idiots vote me down. varteg1
  • Score: 1

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