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£48.2M FOR STRATEGIC HOUSING SCHEMES (WALES)

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Assembly housing secretary Peter Law has announced that£48.2m supplementary credit approval is being made availabl...
Assembly housing secretary Peter Law has announced that£48.2m supplementary credit approval is being made available to councils to fund Strategic Housing schemes for the financial year 2000/2001.

The money will support a wide range of schemes in both public and private sector housing, and is in addition to the£145.6m funding the assembly has already announced and which will be available to local authorities for housing next year and the£56.4m available to Registered Social Landlords.

Mr Law said: 'Local authorities and social landlords now have the opportunity to work with the private sector and voluntary organisations to make a very significant contribution to tackling those local issues which are of most concern to their communities.

'In addition to improving housing and the living conditions for both the homeowners and tenants alike, the schemes we are supporting will play an important role in helping regenerate communities.

'This funding is a clear demonstration of the national assembly's determination to support and develop sustainable communities which are socially inclusive, and to ensure that everyone in Wales has access to a decent home.'

Note

Supplementary Credit Approval is issued to allow local authorities to access resources for capital expenditure and is for a specified amount of money over a specified time period.

A breakdown of the allocations by local authority is attached.

(All figures in£ millions)

Authority

Total Allocations

Blaenau Gwent

2.225

Bridgend

2.230

Caerphilly

1.900

Cardiff

4.055

Carmarthen

3.070

Ceredigion

1.590

Conwy

1.915

Denbighshire

2.200

Flintshire

1.115

Gwynedd

2.327

Isle of Anglesey

1.942

Merthyr

2.535

Monmouth

0.705

Neath/Port Talbot

2.198

Newport

1.400

Pembrokeshire

2.477

Powys

1.127

Rhondda Cynon Taff

2.880

Swansea

2.905

Torfaen

2.600

Vale of Glam

1.685

Wrexham

3.165

Totals

48.246

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