Posts tagged cash investment
Councils across England will receive a multi-million cash boost to bring thousands of empty homes back into use, creating further employment for trade professionals and boosting the housing market.
Communities Minister Andrew Stunell announced yesterday a further £60 million investment to tackle clusters of empty homes in England. Additional £25 million will be allocated to voluntary and community groups across the country to tackle individual empty properties in their area.
Mr Stunell said: “The number of empty homes in this country is a national disgrace – for every two families that need a home there is one standing empty. Empty homes bring down a neighbourhood and attract vandals and fly-tipping, as well as being a waste of much needed housing.”
Although, the number of empty homes has fallen to the lowest level since 2004, the Liberal Democrat Minister believes that there is still a lot to be done to bring more empty houses back into use.
He said: “I’m delighted to announce this funding boost today that will allow councils and community groups to bring these houses back to life and offer families a chance of a stable and secure home.
“We need to do much more to tackle this problem. This Government is breathing life back into these neglected neighbourhoods.”
Previous announcements have seen £70 million allocated to bring empty homes back into use as part of the affordable housing programme. According to the Department for Communities and Local Government, this announcement brings a total investment of £215 million to renovate thousands of properties and bring them back into use.
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