Friday, May 3, 2024

Sheffield and Wolverhampton the first cities to be supported in government regeneration plans

Towns and cities across the country are to be transformed through a regeneration programme with Wolverhampton and Sheffield the first areas selected.

Under plans set out in the Levelling Up White Paper, derelict sites in towns and city centres will be transformed creating new homes, jobs and new communities across England.

Wolverhampton and Sheffield will be the first of 20 places that will be supported by government to deliver ambitious regeneration projects that will boost local communities and create urban areas people will be proud to live and work in.

In Wolverhampton, local leaders are being given the tools that will catalyse the revival of the city and the wider Wolverhampton to Walsall corridor, building on the government’s £20 million Levelling Up Fund investment and the new DLUHC headquarters in the city centre.

In Sheffield, new regeneration opportunities will capitalise on the government’s £37 million Levelling Up Fund and the upcoming Integrated Rail Plan electrification and upgrades which will cut journey times between Sheffield and London to just 87 minutes.

The 20 areas will be prioritised within the new £1.5 billion Brownfield Fund. In addition, to kickstart regeneration efforts in these regions, and as part of a wider package of brownfield funding worth £120 million, £28 million will be allocated to the West Midlands Combined Authority and £13 million for the South Yorkshire Combined Authority, to fund the projects most needed to support local levelling up ambitions.

The regeneration programme will be spearheaded by the government’s housing delivery agency Homes England, which will be refocused and tasked to support the Levelling Up agenda. It will use its extensive powers and expertise to help local leaders deliver the regeneration of large areas of towns and cities, as they adapt to economic trends like the rise of online shopping.

The UK government will also welcome working in continued partnership with the devolved administrations to explore how to best support places across the UK to reach their full potential.

Homes England will partner with local leaders, the private sector and community groups to turbocharge regeneration and deliver new housing, health and education and leisure facilities, roads and railways.

Local authorities will be helped to ensure that the record government investment in infrastructure worth over £96 billion is used to its full potential. This includes £12 billion in affordable housing, the £4.8 billion Levelling Up Fund and a £2.6 billion Shared Prosperity Fund as well as access to DLHUC’s £1.5 billion Brownfield and Land Fund.

The 20 areas will benefit from developments combining housing, leisure, and business in sustainable, walkable, new neighbourhoods.

Dan Jarvis, the Mayor of South Yorkshire, said: “I warmly welcome this support for regeneration in Sheffield and South Yorkshire. It’s a much needed recognition of the potential of our region.

“Giving Homes England a wider focus on regeneration is also a very positive move, as is their commitment to support local and regional leadership. We’ve always argued for a more joined up approach, and lasting progress can only be driven from our communities. The key challenge will be ensuring that this comes with the long-term, transformative investment we need, and that it connects not just housing and buildings but skills, public services and environment.

“We’re looking forward to working with the government to realise the ambition we all share to create a better future for Sheffield and South Yorkshire.”

The government will also launch a £1.5 billion Levelling Up Home Building Fund this week, providing loans to small and medium sized builders and developers to deliver 42,000 homes with the vast majority going outside London and the South East – helping to rebalance the economy and spread prosperity and opportunity more equally.

A total of £120 million of funding will also be given to 7 Mayoral Combined Authorities to transform derelict brownfield sites into vibrant places where people want to live and work. Seven MCAs – West Midlands, Greater Manchester, West Yorkshire, Liverpool, South Yorkshire, North of Tyne, and Tees Valley stand to gain 7,800 homes.

A further £30 million is being awarded to 3 Mayoral Combined Authorities in Greater Manchester, Tees Valley and West Midlands on disused brownfield land. Meanwhile, £8 million from the Brownfield Land Release Fund (BLRF) is being allocated to 13 councils which will release land for a further 898 homes. The BLRF has so far awarded £69 million to support councils to release their brownfield land for 6,856 homes by March 2024.

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