To date, around 500 estates and 170 local authorities have benefited from Estate Action.
In the latest scheme, the DoE is contributing £14m of Estate Action money towards the Clapton Park Estate scheme in Hackney. Hackney LBC will contribute £7m of its own resources to refurbish council homes which will then be managed by residents through an Estate Management Board.
Mr Baldry said: 'This week alone I have approved schemes in Tower Hamlets, Blackburn and Kirklees, involving an Estate Action investment of £30m which will help refurbish 1700 properties.
'In allocating resources we increasingly seek schemes which can contribute to the comprehensive regeneration of estates.
'But physical improvements to homes and estate layouts alone do not guarantee the future well being of the estates.
'That is why we stress the importance of strengthened housing management, tenant involvement and social and economic initiatives in Estate Action schemes.'
In 1993-94 the Estate Action budget will be £356m. Following the Chancellor's Autumn Statement, Environment Secretary Michael Howard announced new arrangements under the Capital Partnership initiative, encouraging local authorities to spend some of their freed up capital receipts on schemes benefiting their communities. Authorities have been asked to reconsider their contribution to EA schemes next year and as a result the DoE says it has been able to increase the number of new schemes in the programme by almost 20% (from 140 to 167).